PETALING JAYA: Just when things were starting to look up for DRB-HICOM BHD
, the automotive conglomerate, like many car companies around the globe, is seeing its business being dampened by the Covid-19 pandemic.
While the sales of most car companies were in negative territory for the month of February, DRB-HICOM subsidiary Proton posted an 89% year-on-year jump in sales last month.
“Proton continued its growth momentum with sales volume of 10,000 units in February, due to sustaining high demand for its existing line-up of models such as the Persona, Iriz, Saga and Exora, as well as the newly launched completely-knocked-down (CKD) X70, ” said Hong Leong Investment Bank (HLIB) Research in a report earlier last week.
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