New Vehicle Sales hit near 75k units in October, 2nd highest month in 2023. 

My first thought is: Why are car sales still so strong? With global headwinds and weakening MYR, I would think the first thing people stop buying would be new cars-- but obviously I was wrong. 

I started covering vehicle sales data end of last year, due to expecting bumper numbers from SST exemption but I didn't expect the numbers to continue to be this strong this late in the year.

Typical suspects as beneficiaries:

 [%niZp%]  [%QgBB%] [%mFCM%] [%Alvj%] ...

[%rKhh%]


of which, mcehldg and amtel are likely to report record high numbers based on current trend of results, in my opinion.

New Vehicle Sales hit near 75k units in October, 2nd highest month in 2023. 

My first thought is: Why are car sales still so strong? With global headwinds and weakening MYR, I would think the first thing people stop buying would be new cars-- but obviously I was wrong. 

I started covering vehicle sales data end of last year, due to expecting bumper numbers from SST exemption but I didn't expect the numbers to continue to be this strong this late in the year.

Typical suspects as beneficiaries:

 $KLSE-MCEHLDG  $KLSE-PECCA $KLSE-AMTEL $KLSE-MBMR ...

https://theedgemalaysia.com/node/690091


of which, mcehldg and amtel are likely to report record high numbers based on current trend of results, in my opinion.