Wednesday, July 21, 2010

Motor Sector Update - TIV Growth Momentum Continues - 21/7/2010

TIV up 19.4% yoy in Jun 2010. Total industry volume (TIV) increased by 19.4% yoy in Jun 2010 (vs. +15.6% yoy in May 2010) with 54,005 units sold (vs. 50,845 units in May 2010) which comes to show that the hike in interest rates has not materially affected the TIV performance. TIV for 1H10 of 301,077 already made up 51.2% of our full-year forecast.

Motor Sector Update - TIV Growth Momentum Continues - 21/7/2010

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