Market leader Perodua’s January drop steeper than industrywide rate.
New-vehicle sales got off to a slow 2014 start in Malaysia, with January deliveries falling 8.7% year-on-year to 50,273 units. The result was down 17% from December, the Malaysian Automotive Assn. says in a report quoted by the government news agency Bernama. “Heavy discounts by car companies given out in December 2013 resulted in many bookings concluded in December 2013,” the MAA says. The industry association predicts the February sales level will be on par with January, citing ...
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