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25 Mar
01:15

Analysts: Malaysia’s car sales momentum to ease

Analysts have foreseen Malaysia’s car sales momentum to ease after the first quarter, Kallanish notes. RHB Investment Bank says in a note that it anticipates Malaysia’s March total industry volume (TIV) to be lower year-on-year, given last year’s high base due to carmakers making a final push for deliveries exempted from sales and services tax (SST). As January’s TIV was exceptionally strong (+30% y-o-y), the research house believes firs…
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