Company Face-Off: $SIME / 4197 (SIME DARBY BERHAD) vs $BAUTO / 5248 (BERMAZ AUTO BERHAD)
The Malaysian Automotive Association (MAA) has increased its car sales forecast for 2024 by 3.38% following strong sales in the first half. The total industry volume (TIV) is now expected to reach 765,000 units, up from the initial projection of 740,000 units. In this comparison, we take a closer look at two major foreign car retailers that might benefit from strong car sales: $SIME / 4197 (SIME DARBY BERHAD) and $BAUTO / 5248 (BERMAZ AUTO BERHAD).
Which company do you believe is the best among the two? Let us know in the comment section below!