Tan Chong Motor to see uptick in sales from 2025

Quick Summary:

PETALING JAYA: Tan Chong Motor Holdings Bhd (TCM) is expected to see an improvement in group sales volume from 2025 onwards, backed by the launch of e-Power Nissan Kicks in 4Q24, as well as new GAC models in Vietnam.

Operating profits dipped 27.3%, attributed to lower sales volume and depreciation of the ringgit.

However, HLIB said the Malaysian market will remain competitive due to attractive new launches by various competing original equipment manufacturers (OEMs).

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaCambodiaLaosMyanmarVietnam

Topics: Honda Analyst Reports Tan Chong HLIB Motor Nissan /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 11:39:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 379 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22362962

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 44 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 37 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions