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PETALING JAYA: The combination of rising raw material prices and chip shortage, which is having an impact on global car prices, could affect the Malaysian automotive industry if the situation worsens.
PETALING JAYA: Malaysian automotive sales look set to hit its lowest in six years, as weak economic conditions and cautious consumer sentiment have emphatically slammed the brakes on growth.
KUALA LUMPUR: RAM Rating Services Bhd expects vehicle sales to decline up to 10% in 2016 due to weak consumer sentiment as due to the uncertain economic environment.
PETALING JAYA: The Malaysian Automotive Association (MAA) is projecting new car sales volume to increase by 2% this year, rising from a record year in 2014 on steady demand.
KUALA LUMPUR: The National Automotive Policy is meant to promote a competitive and sustainable domestic automotive industry, including the national car corporation.