Kenanga Research raises automotive sector’s 2024 TIV projection to 740,000 units

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KUALA LUMPUR: Kenanga Research has raised its 2024 total industry volume (TIV) projection for the automotive sector by four per cent to 740,000 units from 710,000 units, in line with the forecast of Malaysia Automotive Association (MAA).

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"More than half of the backlog is made up of new models, alluding to how appealing new models are to car buyers.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Analyst Reports TIV Kenaga Research /Business/Business News EV MAA Automotive

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-14 @ 11:32:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 330 words

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News ID: 21250199

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