It expects total industry volume to normalise to 600,000-650,000 units next year.
Lower-priced models like the Perodua Myvi and Axia were among the main purchases in the past two years, says RHB Research.
“Our 725,000 TIV forecast for 2023 implies a four-year average annual TIV of 621,000 units, which is largely in line with the 10-year pre-pandemic average of 618,000 units,” it said in a note today. The research house also said that these numbers suggest that vehicle purchases for the past two years were mainly for lower-priced models like the Perodua Myvi and Axia, as well as Proton Saga.Key downside risks include softer-than-expected orders and deliveries, as well as resurgent supply chain issues,” it said.
Italia Ultime Notizie, Italia Notizie
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