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PETALING JAYA: Bermaz Auto Bhd (BAuto) may be experiencing an earnings growth delay following the effects of the Covid-19 pandemic on its financial result
KUALA LUMPUR: Malaysian vehicle sales are expected to start picking up from this month, driven by easing economic activity restrictions in key states like Selangor and Kuala Lumpur.
Industry incurs massive losses since June 1
PETALING JAYA: The automotive sector should see a sustainable recovery, albeit delayed, after the government’s economic relaxation measures included the re-opening of plants and the resumption of operations for distribution and retailing from Aug 16, according to MIDF Research.
KUALA LUMPUR: Car dealers in the country posted total losses of more than RM14bil in June and July due to plunge in sales of vehicles in the domestic market, revenue loss from the closure of showroom.
PETALING JAYA: Salesmen and buyers are in a bind as the brakes have been slammed on vehicle production and retail activities due to the Covid-19 pandemic.