The Malaysian Automotive Institute is reviewing its 2015 sales forecast to take into account the impact of falling oil prices, a weaker ringgit against the U.S. dollar and the introduction of a goods and services tax. The institute had predicted 2015 industry sales rising to 700,000 units in 2015 from an expected 670,000 in 2014. “The forecast was done in October after analyzing the TIV (total industry volume) as at September 2014,” MAI CEO Madani Sahari says in a statement. He ...

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