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PETALING JAYA: Used car dealers are reporting record-high sales, spurred by the government’s tax incentives and customers downgrading to cheaper vehicles in light of the economic uncertainty created by the Covid-19 pandemic.
PETALING JAYA: Even as many consumers are cautious in purchasing high-ticket items in light of the Covid-19 pandemic, industry experts say sale of properties and cars have been rising since June.
Targeted moratorium extensionTHE banking industry will provide borrowers affected by the Covid-19 pandemic with extended moratorium and flexibility to repay their loans, Prime Minister Tan Sri Muhyiddin Yassin announced on Wednesday.
PETALING JAYA: Vehicle sales are off to a good start with June marking the strongest monthly total industry volume (TIV) growth and potentially indicating a positive start to the second half of 2020.
Car firms will try to make up for lost revenue during MCO
Group partners Global Data Bank to create benchmarks
THE Malaysian Automotive Association (MAA) is revising upwards its vehicle sales target for the year by 17.5% to 470,000 units, as the grim economic outlook is likely to be buffered by the various incentives recently announced by the government.
PETALING JAYA: Malaysian Automotive Association (MAA) has revised upwards it’s total industry volume (TIV) forecast to 470,000 units from 400,000 units initially, on the back of the government’s sales tax exemption and introduction of new models at competitive prices that may sustain buying interest.