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27 Feb 2018 | Asia Pacific | Market Research
Strategic Analysis of Malaysian Commercial Vehicle Industry, Forecast to 2025
Annual Demand for Pickups, Light-medium-heavy Trucks and Buses to Grow With Infrastructure Growth and Entry of New Players by 2025
Malaysia is the third largest commercial vehicle (CV) market in Asia Pacific after Indonesia and Thailand and is at the beginning of a rapid growth phase. The Total Industry Volume (TIV) has continued to decrease since 2013 due to slow economic growth and a depreciating Ringgit that has impacted business confidence and purchasing power. Consequentl...
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