Proton and Perodua saw their combined market share rising to an eight-year high of 60.9% in January 2020.
According to Affin Hwang Capital Research, both the national car makes of
For Proton, meanwhile, the brand’s car sales volume rose 24% year-on-year to 8,500 units on higher demand for the updated 2019 models of the Saga, Iriz, Persona and Exora, it said. It noted that most Japanese car brands saw a slump in the period’s sales volume, including Honda , Nissan and Mazda , which has a current backlog of about 1,300 units.“We believe the downtrend is gaining pace in the domestic automotive market, where sales of cheaper national brands with refreshed line-ups have continuously outpaced the pricier Japanese cars, ” the research house said.
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