KUALA LUMPUR (Jan 18): The total industry volume (TIV) for the Malaysian automotive sector is projected to grow by two per cent this year to between 586,000 and 591,000 units, said the Ministry of International Trade and Industry (MITI).
The total production volume (TPV), which provides a holistic reflection of the vehicles produced locally for both domestic consumption and exports, is expected to hit between 530,000 and 535,000 units this year, a four per cent increase from last year.
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