Car sales expected to rebound in 4Q

Car sales expected to rebound in 4Q

The Malaysian Reserve-News·2019-09-25 11:31

Final quarter will likely record the highest sales due to year-end promotions

CAR sales in Malaysia are expected to pick up in the fourth quarter this year (4Q19), supported by new launches and year-end sales campaigns.

Kenanga Investment Bank Bhd analyst Wan Mustaqim Wan Ab Aziz said the final quarter would likely record the highest sales of the year, contributed by bumper sales derived from the usual year-end promotions offered by carmakers.

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