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PETALING JAYA: Many are holding off buying a new car as an uncertain job market affects their income, but car salesmen are optimistic of an upswing in another six months.
PETALING JAYA: Consumer spending risks falling off a cliff as more Malaysians are retrenched or undertake pay cuts, according to experts.
Tallahassee: Hertz Global Holdings Inc, the car-rental company which has filed for bankruptcy, said the collapse in air travel amid the coronavirus pandemic hit its biggest source of rental revenue.
PETALING JAYA: The outlook remains unfavourable for banks in Malaysia, as earnings are expected to shrink, while assets might deteriorate while liquidity and funding could come under pressure due to new measures introduced by Bank Negara.
Nearly everything can be bought online these days. But it's still hard to avoid a visit to the dealership when buying a new car. The pandemic may change this forever.
KUALA LUMPUR: A total of 376 people, including delivery riders, have been detained for various drug offences at roadblocks set up during the movement control order (MCO), says Comm Datuk Ramli Din.
WHAT’S more important: a roof over your head or a car in your driveway? With unemployment rising as the coronavirus shuts down parts of the United States economy, the decision made by borrowers as their payments come due will determine how securities backed by auto loans and leases perform.