Malaysian new-vehicle sales this year are expected to inch up 1.2% from like-2011 to 612,000 units, industry analyst Frost & Sullivan predicts. Kavan Mukhtyar, head of the company’s Asia/Pacific automotive and transportation practice, says the forecast is unchanged from the beginning of the year despite stricter lending guidelines enacted by Bank Negara Malaysia. Mukhtyar says the tighter rules issued by the Malaysian central bank mostly affect entry-level vehicles such as ...
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