RHB IB raises 2024 total industry volume forecast by 18pc on Perodua strength

  • 📰 malaymail
  • ⏱ Reading Time:
  • 21 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Rhb Ib News

Perodua

KUALA LUMPUR, June 24 — RHB Investment Bank Bhd (RHB IB) has revised its total industry volume (TIV) forecast for 2024, increasing it by 18 per cent to 740,000 units from the...

KUALA LUMPUR, June 24 — RHB Investment Bank Bhd has revised its total industry volume forecast for 2024, increasing it by 18 per cent to 740,000 units from the previous estimate of 625,000 units.

In May, the TIV reached 68,665 units, marking an 8.7 per cent year-over-year increase and an 18.4 per cent month-over-month increase, bringing the total for the first five months of 2024 to 328,901 units, up 8 per cent year-over-year. Year-to-date, Perodua sales have increased by 19.6 per cent year-over-year, raising the national carmaker’s TIV share to 63 per cent, up from 60 per cent in 2023.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TechNave Business Bytes Week 5 May 2024: AI, Data Centers, TM Q1 2024, Xiaomi Q1 2024, E-Invoicing Drive Growth in Tech Industry and moreTechNave Business Bytes Week 5 May 2024: AI, Data Centers, TM Q1 2024, Xiaomi Q1 2024, E-Invoicing Drive Growth in Tech Industry and more
Source: technavemy - 🏆 6. / 68 Read more »