Malaysia has been sideswiped by the global economic meltdown, and in an unexpected by-blow the domestic automotive industry could be in for significant change. All was going remarkably well in this Southeast Asian nation until late last year, when almost everything took a sudden turn toward the worst. “The Malaysian economy has been badly hurt by the global crisis,” says Christoph Domke, a senior analyst with IHS Global Insight. “The economic growth rate in the 2008 fourth quarter was ...
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