News

AmInvest’s automotive sector stays ‘Neutral’

AmInvestment Bank Bhd has maintained a ‘Neutral’ call on the automobile industry amid expectations of the total industry volume (TIV) chalking up a 0.8% growth in 2019 to 603,000 units.


The research house said the Malaysian automobile industry would continue to face headwinds on lingering issues and is expected to remain challenging in a competitive business environment