Cautious optimism on autos from impending subsidy rationalisation


KUCHING (Feb 26): The impending fuel subsidy rationalisation will likely affect demand for mid-market automotives but analysts are still positive on the sales of affordable vehicles. In a report, the research team at Kenanga Investment Bank Bhd (Kenanga Research) said: “We believe a new car is still an affordable luxury for most Malaysian households despite [...]

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