MAA expects 2023 car sales to drop by nearly 10% vs 2022 – possible global recession, higher bank OPR
After announcing a new record total industry volume (TIV) of 720,658 units in 2022, the Malaysian Automotive Association has chosen to be bearish with its forecast for 2023. At a media briefing today, the association said it is expecting this year’s TIV to hit 650,000 units, which is 70,568 units […]
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