KUALA LUMPUR: The automotive industry could see a surge in sales in the last quarter of 2021, backed by pent-up demand post-lockdown and car buyers capitalising on the final months of the vehicle sales tax exemption.
Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad said orders for new vehicles have picked up since the government’s economic relaxation measures allowed automotive players to resume operations since the middle of last month.
“Car companies are seeing more showroom traffic and receiving encouraging orders due to the sales tax exemption,” she told StarBiz
Aishah is optimistic that vehicle sales could see a pick-up in the final quarter of the year.
“Yes, definitely,” she said, adding however that MAA was still maintaining its total industry volume (TIV) forecast for 2021. “We are stillRead More »