Malaysian new-vehicle sales jumped 14% in the first six months to 260,843 units, prompting the Malaysian Automotive Assn. to raise its forecast for the year to 520,000 vehicles from 500,000 units. The association cites an increase in new vehicle offerings, attractive interest rates and aggressive promotions as the reasons for the growth. “The forecast is based on the assumption that there will not be a drastic change in tariff duties when the new duty structure and automotive policy are ...
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