Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / Malaysia

Perodua Gears Up For Market Recovery

July 2007 | Company Finance Alert

Malaysian national carmaker Perodua has laid the groundwork for a financing scheme, due to run through what the manufacturer expects to be the best quarter of the year for car sales. After signing a memorandum of understanding (MoU) with Bank Rakyat, the carmaker's managing director Datuk Hafiz Syed Abu Bakar stated that strong car sales in June suggested that Q307 would see an improvement from the sluggish performance earlier in the year.

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