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KUALA LUMPUR: The Malaysian Automotive Association (MAA) has revised downwards its 2021 total industry volume (TIV) forecast by 5.6% to 500,000 units from 570,000 units previously, on the back of business disruptions caused by the ongoing nationwide lockdown.
KUALA LUMPUR: The government should allow workshops and distribution centres for passenger and commercial vehicles and spare parts in the Klang Valley to operate with immediate effect under strict restrictions, a trade body said.
PETALING JAYA: While expectations are that automotive companies will record bleak sales for June, observers say this may prolong into July as as non-essential businesses such as car showrooms and vehicle production facilities stay closed under an extended phase one of the National Recovery Plan (NRP).
PETALING JAYA: After a 19% decline in sales on a month-on-month basis in May, total industry volume (TIV) for the auto sector is expected to take an even steeper dive this month as most car showrooms and production centres are closed due to MCO 3.0.
KUALA LUMPUR: Proton Holdings Bhd exported 669 cars to overseas distributors, the highest in 98 months since March 2013, with new market Pakistan being the best performer, while it plans to return to Thailand and Indonesia.