Timely move: Potential car buyer visiting a showroom in Petaling Jaya. The introduction of tax exemption is a timely inducement to spur sales decimated by the MCO exercise since March
PETALING JAYA: Selected automotive players are already seeing strong pick-up in bookings, an indication that the industry is already on the path to recovery.
MIDF Research said Bermaz Auto
(BAuto) saw almost a tripling in daily bookings compared to post-movement control order (MCO) levels, while UMW is seeing early signs of improvement in booking levels.
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