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Analysts see rising competition in Malaysia's automotive sector

KUALA LUMPUR, Oct. 19 (Xinhua) -- Despite positive Car Sales momentum in Malaysia, analysts have foreseen Rising Competition in the Southeast Asian country's automotive sector.

TA Securities said in a note on Thursday that it observed Malaysia's forward car sales orders are showing signs of easing, which could translate to weaker sales in 2024 (estimated at 650,000 units).

"We expect stiff competition and



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Analysts see rising competition in Malaysia's automotive sector

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