Car sales showing signs of easing

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Car sales showing signs of easing
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A woman plunged to her death after losing her footing from a bridge while filming wild deer in Japan on Saturday.

PETALING JAYA: TA Research expects weaker car sales next year given the signs of easing forward orders despite the positive sales momentum in 2023.

TA Research has maintained its total industry volume forecast at 700,000 units for 2023, down 3% year-on-year . The passenger vehicle and commercial segment increased by 11.6% and 24% m-o-m to 64,600 units and 7,100 units respectively. “Year-to-date the TIV accounted for 69% and 72% of MAA and our full-year forecast,” TA Research noted.

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