PETALING JAYA: The Malaysian Automotive Association (MAA) has projected the total industry volume (TIV) for 2020 to increase marginally by 0.5% to 607,000 units from 604,287 units in 2019.
“We foresee 2020 will be another challenging year,“ MAA president Datuk Aishah Ahmad said when announcing the market review for 2019 and outlook for 2020 this morning.
In 2019, TIV went up only 1% or 5,689 units compared with 2018, but this was the first time it surpassed the 600,000 units mark after three consecutive years of TIV hovering below 600,000 units.
source https://www.thesundaily.my/business/maa-expects-flattish-tiv-in-2020-YG1923735
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