keep an eye on the inventories level. seems like its moving slower for whatever underlying reasons and it is not only on Bauto. You see it in Sime too. Might be too early to call it peak for automotive sectors but no harm to be cautious. As for overall automotive sales, TIV in 2023 seems to be the highest by far and no signs of TIV in 2024 to be higher than 2023. The analysts' TIV estimates for 2024 is no where near 799k record in 2023. https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-malaysia-by-month