Malaysian Automotive Association revises forecast of local car sales in 2020 down to 400,000 units

Reported on April 29, 2020, the Malaysian Automotive Association (MAA) has revised downward the country's total industry volume (TIV) forecast by 33.3% from 600,000 units to 400,000 units in 2020. This came after new vehicles sales volume plunged around 59% YoY in March 2020.
According to MAA president, the lower TIV....

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