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people who buy merc and bmw are those bizman to avoid taxes. mazda customer price range are for those high pay salary workers. thaat is why bmw mers still got some market
Ok, we will see in near future.. Anyway I’m not the supporter of DRB or Bauto.. Just giving my opinion.. Although I agree the sales of Proton is going to increase, the problem here is how much the revenue would translated to their earnings. Since DRB also involve in other business which some of them squeezing the margin..
CGS-CIMB Research said the surprise move indicates that policymakers may be more pragmatic in future MPC decisions, particularly if financial flows and the ringgit remain orderly, leaving open the possibility that the next cut may happen quicker than 2H20, which is its base case assumption.
It pointed out OPR cuts are positive for cyclical sectors such as property (top pick: Sime Darby Property), auto (top pick: BERMAZ AUTO), and consumer (top pick: Power Root) due to the increase in consumers
branding only works well when there is a big potential market to support the buying. 70% malaysian are earning less than rm2k are not able to buy a rm150k car no matter how strong the brand is.
