NAP To Increase Competition As Monthly Car Sales Fall

Malaysia is looking to address the contraction in its automotive industry through the latest incarnation of its National Automotive Policy (NAP), due out in October. Although total new vehicle sales in August were up by 2.8% year-on-year (y-o-y), the sales of 48,538 units were 6.5% lower than the July total of 51,928 units. This also goes against the industry's seasonal trend for higher sales in the run-up to the holiday period. Passenger car sales for the month fell 6.5% compared to July, while production also fell by

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