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CIMB Research anticipates tepid 2% automotive TIV growth in 2018

CIMB Research anticipates tepid 2% automotive TIV growth in 2018

KUALA LUMPUR (April 20): While the automotive sector's total industry volume (TIV) for the month of March rose about 23% m-o-m after declining for two straight months, CIMB Research still anticipates a tepid 2% TIV growth in 2018, driven by stronger growth in SUV demand on the back of multiple new model launches in 2H18.

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