PETALING JAYA: Automotive companies are expected to report further year-on-year( y-o-y) growth for the first quarter of 2022( 1Q22), as total industry volume( TIV) grew 12.7% y-o-y to 159, 752 units during the quarter, according to MIDF Research.“ This is despite the initial drag from the floods in January and a short working month of February, ” said the research unit. Notably, the y-o-y growth in 1Q22’s TIV was driven mainly by the non-nationals, which were led by Mazda( up 49.3%), followed by
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2022-05-12 00:00:00.0