Malaysia Oct passenger car sales down 16.3 pct


KUALA LUMPUR, Nov 19 (Reuters) - Sales of passenger cars in Malaysia fell 16.3 percent to 27,468 units in October from the same month last year, the Malaysian Automotive Association said on Wednesday. Month-on-month, sales fell 2.2 percent from September's 28,072 units. Car sales in Malaysia, once Southeast Asia's biggest car market, had been falling this year as buyers await for prices to fall ahead of Malaysian auto sector's delayed entry to ASEAN Free Trade Area (AFTA).

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