Malaysian new-vehicles sales of 53,482 units in July were up just 2.9% from prior-year’s 1,967. In releasing the data, the Malaysian Automotive Assn. says it expects sales to pick up this month in conjunction with the Muslim Hari Raya, or Festival of the Breaking of the Fast. July’s increase was due to deliveries of back orders carried over from June and measures taken by auto makers to negate the impact of an increase in higher purchase rates, the MAA is quoted by The Edge newspaper as ...
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