KUALA LUMPUR, Nov 20 — Kenanga Investment Bank Bhd has upgraded its calendar year 2023’s total industry volume (TIV) forecast by seven per cent to 770,000 from 720,000 units amid stronger-than-expected sales volumes across the board, especially for Perusahaan Otomobil Kedua Sdn Bhd (Perodua).

KUALA LUMPUR, Oct 13 — RHB Research expects the total industry volume (TIV) to ease to a more normalised level in 2024, likely to be between 600,000 and 650,000 unit range, despite continuously driven by lower-priced vehicles amidst the high interest rate environment.

KUALA LUMPUR, Feb 21 — RHB Investment Bank Bhd (RHB IB) is expecting the automotive industry to see strong earnings growth in the first quarter of 2023 (1Q 2023) and 4Q 2022 as automotive companies are in the final stretch of fulfilling the Sales and Service Tax (SST) — exempted orders before June 30.

KUALA LUMPUR, Jan 25 — Malaysia’s automotive total industry volume (TIV) hit a record high of 720,658 units in 2022, breaking the previous record of 666,598 units set in 2015.

KUALA LUMPUR, Dec 4 — It's been a bumper year for car sales! Malaysia’s total industry volume (TIV) is poised to settle at a record high this year, driven by strong initial bookings figures and sustained demand. Car sales and accumulated bookings recorded by several marques in the first half...

PETALING JAYA, March 26 — The Malaysian Automotive Association (MAA) expects the total sales volume for the automotive industry in the first half of 2021 to be better than the second half of the year with the continuation of the impetus from the government’s sales tax exemption incentive.

KUALA LUMPUR, Dec 31 — The local automotive ecosystem players, comprising suppliers and independent dealers, are optimistic the total industry volume (TIV) may surpass the minimum threshold of 500,000 units by year-end, despite the uncertainty brought on by the Covid-19 pandemic.

KUALA LUMPUR, Nov 25 — CGS-CIMB forecasts the total industry volume (TIV) for 2021 (2021F) to rise by 14 per cent to 570,000 driven by stronger demand for national brands on the back of new model launches such as Proton’s X50 and Perodua’s new compact SUV, D55L.