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Monday, September 16, 2019

Tag: car sales

Car boom brings gridlock misery to ‘green and happy’ Bhutan

Bhutan's booming car sales may impact efforts to preserve its rare status as a carbon-negative country – and an increase in traffic is testing the good humour of its citizens.

Raya season should boost car sales, says research house

Ambank Research says car sales are within the projection of 603,000 units for 2019 but challenges lie ahead.

Proton is second best-selling car for April 2019

The strong sales are driven by its latest model Proton X70.

March car sales hit 2-year high, says research house

Local cars expected to do well this year, says Ambank Research.

Carmakers to face more pain as sales in China keep sliding

The persisting slump leaves carmakers with few places to go for sales growth.

China car sales drop at steepest rate in almost seven years

The fifth straight decline in monthly numbers comes against a backdrop of slowing economic growth and a crippling China-US trade war.

China car sales drop as economic woes, US trade war hit...

Consumers are getting more cautious about spending on big-ticket items as China’s economy slows, hitting a car market led by Volkswagen AG and General Motors Co.

3 signs of an impending property bubble burst

Look out for a sharp and continuous increase in house prices, the number of affordable housing choices, and the number of Non-Performing Loans in the country.

VW CEO says anti-pollution rules may hit profits, car sales

VW has warned that production of up to 250,000 cars will be delayed as it struggles to adapt its vehicles to a new anti-pollution test, the Worldwide Harmonized Light Duty Vehicles Test Procedure (WLTP).

Changing cars not a priority for many

They prefer to hang on to their old ones as they try to cope with the rising cost of living.

MP: Rich getting richer but ordinary folk still struggle

Pointing to car sales figures, Ong Kian Ming says economy may be growing but ordinary Malaysians are still struggling with the cost of living as the benefits do not come to them.

Local models hard hit as car sales drop, says motoring body

The Malaysian Automotive Association says strict lending guidelines and the popularity of ride-hailing services will continue to impact car sales this year.

Report: Under pressure, some Proton dealerships may merge or close

Proton Holdings wants one-stop dealership cum service centres to improve buyer experience, but some smaller dealers are finding it difficult to comply.

Special year-end offers cause rush for new cars

Car companies require new vehicles to be registered by Dec 31 for buyers to enjoy discounts and rebates, reports The Star.

Consumer spending drops, vehicle sales unlikely to meet target

The auto sector is likely to miss its target of 590,000 vehicle sales for this year, says Malaysian Automotive Association.

New hope for Proton, but challenges remain

Malaysia Automotive Institute says increased sales reflect returning confidence of customers.

Puspakom to lose vehicle inspection monopoly?

Government considering allowing others also to carry out computerised vehicle inspections in preparation for policy to replace old cars on the road.

‘Fuel price hike won’t halt car sales’

Salesmen shrug off the recent increase in petrol prices as irrelevant to their trade.

Abolish RM10,000 levy on imported reconditioned cars call

Approved permit (AP) holders say it is unfair and is also a financial burden on them given the current economic situation.

Festive deals galore to woo car buyers

Car dealers are telling prospective buyers that now is the best time to get a new car because prices may shoot up soon with the weakening ringgit.

Vehicle sales fall 13.7% year to date

Malaysian Automotive Association still optimistic about the local vehicle sales market, with November showing slight increase compared with October.

Let market forces rule car sales, govt told

Instead of possibly intervening to prop up car sales, the government should work to increase the people's use of public transport services, says economist.

Lower disposable income, strict loan approval see fewer cars sold

Malaysia Automotive Association says vehicle sales down by almost 25 per cent for the first quarter of this year against the same period last year.