Friday, April 8, 2011

SIFY FINANCE: Malaysian car production may face Japan hitch

Malaysia's Auto Industry also has great potential….

Malaysia's auto sales are on track to grow 2 percent to a record 618,000 vehicles this year, although production could be disrupted in coming months by parts shortages following Japan's earthquake and tsunami.

Sales last year in Southeast Asia's largest passenger car market rose 12.7 percent to 605,156 vehicles. For the first two months of this year, sales were up 4 percent, Malaysian Automotive Association president Aishah Ahmad said Friday.