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Analysts remain cautious on Malaysia’s auto sales this year

KUALA LUMPUR, Feb. 26 (Xinhua) — Analysts remain cautious on Malaysia’s auto sales this year despite the country’s car sales rising year on year in January.

TA Securities said in a note on Monday that it expects total industry volume (TIV) in Malaysia to be lower in February, attributable to seasonal factors such as shorter working month due to the Chinese New Year holidays.

After another record-breaking