What’s in store for the automotive industry?

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The car industry has suffered major setbacks this year. What does the future hold? FMTNews FMTLifestyle Automotive

The local automotive industry has taken a huge hit from the coronavirus pandemic.

According to an MAA report, April sales volume was minimal, 99% lower than the same month last year. Sales volume was also more than 99% lower compared with March this year because all automotive operations stopped until May 12, as the automotive sector was not ranked under the essential sectors.Most car companies recorded lower sales in the first quarter of the year compared with 1Q2019.

Honda came in third, despite sales being almost half a percent lower than last year. Its market share was 10.4% lower than in 2019. MAA President, Aishah Ahmad told CarSifu, The Star, a proposal on the measures for the automotive industry to be taken post-MCO had been submitted to the government.

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:

 /  🏆 5. in MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Gov’t will not bailout airlines - Finance MinisterBut the ministry will still help the industry, says Tengku Zafrul. No money big talk Setiap 3-5 tahun akan ada episod ini...Tahun 2015 6000 kakitangan dah dibuang dengan harapan pengorbanan orang yang kena buang agar MAS akan terbang tinggi tetapi hampas....tengok pada kertas kerja bukan main chanteek lagi CEO yang berkaliber tapi akhirnya Airlines can't breathe anymore and this joker still wants to press down his knee on their necks. How are they going to pay their workers?
Source: malaysiakini - 🏆 20. / 51 Read more »

Transport Ministry to conduct study into issues faced by e-hailing industry, says Dr WeePETALING JAYA: The Transport Ministry will be conducting a detailed study into the challenges faced by the e-hailing industry due to the Covid-19 pandemic, says Datuk Seri Dr Wee Ka Siong. E hailing is the new taxi. Another study. Bro - the study for drunk driving...apa cerita? Or like students studying? Waiting for someone to complete the assignment, then, copy - but end up with spelling mistakes also?
Source: staronline - 🏆 4. / 75 Read more »

Mexican film directors 'Three Amigos' try to help industry workers amid Covid-19 pandemic | Malay MailMEXICO CITY, June 12 ― A trio of Oscar-winning Mexican film directors known as “The Three Amigos” launched a fund yesterday to help workers in their industry hit hard by Covid-19. Guillermo del Toro, Alejandro Gonzalez Inarritu and Alfonso Cuaron said their Audiovisual Emergency Fund...
Source: malaymail - 🏆 1. / 86 Read more »

Send in proposals for SOPs or else wait for announcement, Ismail Sabri tells wedding industry | Malay MailPUTRAJAYA, June 13 — Wedding industry operators are welcome to send in their proposals for standard operating procedures (SOPs) which the government will take into consideration, said Senior Minister Datuk Seri Ismail Sabri Yaakob. He said they could opt to do so, or else wait for future...
Source: malaymail - 🏆 1. / 86 Read more »