Sunday, January 22, 2012

Malaysian auto sales growth 'modest' in 2012


Sales fell 0.9 percent to 599,877 units as Japan's earthquake and tsunami and record floods in neighbouring Thailand caused supply chain disruptions, said Aishah Ahmad, head of the Malaysian Automotive Association (MAA).

Malaysia -- Southeast Asia's second-largest vehicle market after Indonesia, according to the MAA -- had seen 2010 sales grow 12.7 percent to 605,156 units thanks to a robust domestic economy and strong consumer confidence.

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