New vehicle sales in Malaysia jumped 16% last year, doubling the target of 8%, according to the Malaysian Automotive Assn. (MAA). The jump is attributed to low interest rates and the introduction of some new models. The MAA says total vehicle sales were up at 396,381 units vs. 343,171 units in 2000. Malaysia’s Perusahaan Otomobil Nasional Bhd (Proton), which has favored tariff treatment from Malaysia’s government, made up 64% of total passenger car sales in 2001. Second was Perusahaan ...
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