Motor Sector Update - Lower TIV On Shorter Working Month - 20/10/2010

Yoy TIV down 5.8%, mom TIV down 21.3%. September TIV of
43,443 was marginally down (vs. 46.1k units in Sept-09), but still
reflective of the strong TIV numbers recorded since the beginning of the
year. The mom fall in TIV for September was unsurprising, as it was a
shorter working month and August TIV was a high base as consumers
rushed to purchase cars before the Hari Raya festivities.

Motor Sector Update - Lower TIV On Shorter Working Month - 20/10/2010