Malaysian auto market in 2023 – 2027 expected to stay below 700,000-unit mark annually after seeing record-high TIV in 2022

Reported on January 19, 2022, the Malaysian automotive market, which was recently elated by the highest-ever annual total industry volume (TIV) with 720,658 vehicles sold in 2022, is projected to witness decline in 2023, before seeing tiny YoY gains in 2024 to 2027.
According to the Malaysian Automotive Association (....

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