UPDATE 1-Malaysia's 2008 vehicle sales seen up 4.7 pct

Newswire

(Adds details, quotes) KUALA LUMPUR, Jan 29 (Reuters) - Total vehicle sales in Malaysia are expected to rise 4.7 percent to 510,000 units this year, helped by the introduction of new models and less stringent approvals for loans, a trade body said on Tuesday. Passenger car sales are forecast to rise 4.5 percent, the Malaysian Automotive Association said in an annual market review. "The positive sales trend since June 2007 would continue and spill over to 2008 as market conditions and ...

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