TIV up 16.8% for Apr 2010. Malaysian automotive industry TIV for Apr increased by 16.8% yoy (vs. +25.0% yoy in Mar 2010) with 48,706 units sold (vs. 56,139 units in Mar 2010). The yoy increase in sales was largely due to buyers rushing to take delivery of their vehicles before the anticipated hike in interest rates as well as pent-up demand stemming from car buyers postponing big-ticket purchases in 2009.
Motor - Apr TIV increased 16.8% YoY - 19/5/2010
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