UPDATE 1-Malaysia passenger car sales down 12 pct in H1


KUALA LUMPUR, July 24 (Reuters) - Malaysian passenger vehicle sales fell 12 percent to 161,265 units in the first six months of 2003, the Malaysian Automotive Association said on Thursday. Car sales in the first five months of the year had fallen 9.5 percent. The trade body has also forecast car sales to drop five percent to 342,000 units this year from 2002. "As indicated earlier, market conditions in the first half of 2003 were not conducive for motor vehicle buyers as a result of ...

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