Malaysian new-vehicle sales in May fell for the eighth straight month, down 8% to 43,944 units from prior-year’s 47,930, the Malaysian Automotive Assn. reports. The result, which included sales of 40,118 passenger cars, was a 7% increase from April’s 41,135 deliveries. A 16.6% gain in sales of national brands contributed to the month-to-month increase. “Sales of imported makes have dropped 4.5% due to the unexpected increase of interest rates on hire-purchase loans,” the MAA says in a ...
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