Malaysian Automotive Market Recovers to reach 609,700 units in 2019, notes Frost & Sullivan
KUALA LUMPUR, Malaysia, Jan. 16, 2019 /PRNewswire/ -- Frost & Sullivan forecasts Malaysia's vehicle sales to reach approximately 609,700 units in 2019 at a growth rate of 1.4 per cent.
- KUALA LUMPUR, Malaysia, Jan. 16, 2019 /PRNewswire/ -- Frost & Sullivan forecasts Malaysia's vehicle sales to reach approximately 609,700 units in 2019 at a growth rate of 1.4 per cent.
- The Malaysian economy is expected to continue recording positive growth in 2019, driving consumer confidence throughout the year.
- He added, "There are exciting product launches such as Perodua Aruz and Toyota Yaris that are coming up.
- Proton X70 launched in Q4 for 2018 is likely to gain momentum, which is likely to contribute to growth in 2019."