Presented
by:
Malaysian
Automotive
Association
( Persatuan
Otomotif Malaysia )
Co-managed
by:
Trade-Link
Exhibition
Services
Sdn. Bhd.
& 
Interexpo (M)
Sdn. Bhd.
Contacts:
Trade-Link
Exhibition
Services
Sdn. Bhd.
No. 12A, 1st Floor,
Jalan SS12/1B,
Subang Jaya,
47500 Selangor
Tel: 03-7356086
Fax: 03-7356199
Email Us
Visit Us
Autoworld
Level 3A, Wisma Hong Leong,
18 Jalan Perak,
50450 Kuala Lumpur
Tel: 03-2169 2074
Fax: 03-2164 2815
Email Us
Visit Us |
|
|

Ministry:
Downside to good car sales
The Star Business
KUALA LUMPUR: The Transport Ministry will be bracing
for a "headache" if the current upward trend in motor vehicle sales continues.
'Its parliamentary secretary, Datuk Chor Chee Heung, said the resulting
higher traffic flow would tax the capacity of existing highways. "If this
trend persists, it will become another headache for the ministry because
we have to consider whether the present highways can accommodate all the
vehicles on the road," he said at the agreement signing ceremony between
the Malaysia Automotive Association (MAA) and Tradelink Exhibition Services
Sdn Bhd to host KL International Motor Show 2000.
Chor said new car' sales had even surpassed new motorcycle sales between
January and September, attributing it to the recovering economy which
enabled more Malaysians to buy cars. According to the association figures,
the number of new motor vehicle registrations increased by 97% to 207,323
units between January and September, from 105,169 units in the same period
last year. "MAA is predicting the figure will reach 280,000 by year's
end" said association chairman Aishah Ahmad. She said September was the
best selling month, with 26,455 units sold. She said the sales figure
for next year has been forecasted at between 350,000 and 400,000 units.
Aishah attributed increased sales to the availibity of financing and the
return of consumer confidence in the industry. However, she said the association
hoped the Government would reduce motor vehicle duties in the Budget to
ensure more competitive prices and to stimulate the industry and the economy.
KL International Motor Show 2000 will be held from Nov 25 to Dec 4 next
year and will see over 100 exhibitors displaying new models and futuristic
and experimental prototypes. Aishah said exhibitors from Japan, Europe
and the United States would take part in the show, adding that the exhibition
was expected to draw 500,000 local and foreign visitors.
|

|
|
Jump to article
| 1 | 2
| 3 | 4
| 5 | 6
| 7 | 8
| 9 | 10 |
|

|
|

|
|
|
|