Demand for cars still in gear

TheStar Tue, Jul 27, 2021 09:40am - 2 years View Original


MIDF Research in a report yesterday said the current nationwide lockdown had only delayed the automotive industry’s path to recovery, rather than derail it completely.

PETALING JAYA: The Covid-19 pandemic which has slammed the brakes on the local automotive sector, is seen by analysts as a temporary bump in the road to recovery.

MIDF Research in a report yesterday said the current nationwide lockdown had only delayed the automotive industry’s path to recovery, rather than derail it completely.

“The key issue is a potential production shortfall, which hinges on the timing of the resumption of sector operations.

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