Malaysia’s new-vehicle sales slipped 13% in October to 37,512 units, from 42,915 year-ago. October’s total, a 26.1% drop from 50,729 in September, was due to low consumer confidence caused by the global financial crisis, the Malaysian Automotive Assn. says in a statement. MAA President Aishah Ahmad says lower sales are expected to continue through the remainder of the year and into 2009. “Except for cheaper compact cars, the global economic slowdown is expected to drag motor-vehicle ...
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