Viva maker Perodua says January deliveries fell 20% as credit dried up.
Malaysia’s new-vehicle deliveries plunged 25% in January to 40,948 units, fulfilling industry fears of a tougher market following the government’s introduction of tighter lending guidelines. The Malaysian Automotive Assn. says the sales slide also could also be attributed to a working month shortened by the Chinese New Year holidays and the backwash from Thailand's flood disaster. Last year’s Chinese New Year holidays fell in February. MAA says in a statement it ...
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