News Formal

Auto industry may have another record-breaking year, say analysts

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

RHB Research expects total industry volume to hit 725,000 units in 2023.

The launch of Perodua Axia is expected to contribute to strong car deliveries in the second half of 2023.

The research house said its 2023 TIV estimate of 725,000 units parallels the Malaysian Automotive Association’s 2023 forecast. “While stronger electric vehicle adoption may be an upside risk to 2024’s TIV, we do not think this will be significant enough to move the needle,” it said.

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 NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Auto industry slams Britain’s petrol car ban delayThe industry says the move would disrupt supply chains and slow the transition to greener cars.
Source: fmtoday - 🏆 5. / 72 Read more »

Auto industry slams Britain’s petrol car ban delay and confusionLONDON: Carmakers, which have invested billions on electric vehicles, slammed Britain’s move to delay a 2030 ban on the sale of new petrol and diesel ...
Source: theSundaily - 🏆 25. / 51 Read more »