11 May 2018
With the recent election of Mahathir Mohamad as the new Prime Minister of Malaysia, some impact for the automotive industry is to be expected. The immediate impact would be through changes in policy that will alter consumer behavior.
Buyers are likely to hold off on purchases until decisions on the abolition of GST promised by Mahathir are unveiled, something that is likely to lead to a negative impact on Light Vehicle Sales in the first half of 2018.
In addition, the country’s revamped National Automotive Policy was previously scheduled for a mid-2018 announcement but, with a new government coming into power, this could now be delayed until the end of the year. While we believe the Proton-Geely partnership will remain intact, new conditions may apply now that Mahathir is back in power, especially if Malaysia’s relationship with China is to be re-examined.
Jeff Schuster, President, Americas Operation & Global Vehicle Forecasting
24 September 2021
The impact of the delta variant, coupled with ongoing chip shortages, is likely to lead to a delay in returning to pre-pandemic conditions
Ben Trevis, Analyst - EMEA
26 August 2021
Light Vehicle sales in South Africa had stagnated in recent years, so when the pandemic struck, the market was only going to go one way.
James Zhu, Powertrain Analyst, China
23 August 2021
China's economy is showing a K-shaped recovery since the outbreak of COVID-19 in 2020. This pattern is also evident in the auto market.
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