Hazy Road Ahead For Auto Sector

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The story "Hazy Road Ahead For Auto Sector" was covered 12 hours ago by Business Today, a news publisher based in Malaysia.

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Hazy Road Ahead For Auto Sector - Business Today

Quick Summary:

RHB Investment Bank Bhd (RHB Research) has maintained its NEUTRAL outlook on the Malaysian automotive sector, despite a subdued performance in the first quarter of 2025 (1Q25).

The research house reaffirmed its 2025 total industry volume (TIV) forecast of 730,000 units, citing a lack of catalysts to push sales to new highs.

The biggest declines in production came from Perodua, Toyota, and Honda, with Proton being the only marque to see a slight increase in output.