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RAWANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to sell 240,000 vehicles in 2021, a 9% growth, underpinned by strong demand for its existing models and the extension of the sales tax exemption. RAWANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to sell 240,000 vehicles in 2021, a 9% growth, underpinned by the extension of the sales tax exemption announced by the government recently and sustained strong demand for its existing models.
PETALING JAYA: The local automotive sector is expected to achieve double-digit sales growth in 2021, as analysts reckon that growth will be spurred by the anticipated economic recovery and the continued tax exemption on cars
Stronger recovery expected this year despite MCO 2.0
KUALA LUMPUR: New vehicle sales in the country are expected to hit close to 600,000 units in 2021, fuelled by the sales and service tax (SST) exemption effect and new launches, according to Maybank Investment Bank (IB) Research
PETALING JAYA: New volume-driven car launches in the fourth quarter of 2020 could help improve sales with backlog bookings flowing into 2021.
PETALING JAYA: AmInvestment Bank Research is projecting an 11% growth for the automotive sector this year, following the extension of the vehicle sales tax exemption.
KUALA LUMPUR: The local automotive ecosystem players, comprising suppliers and independent dealers, are optimistic the total industry volume (TIV) will surpass the minimum threshold of 500,000 units by end-2020, despite the uncertainty brought on by the Covid-19 pandemic.