The Malaysian Automotive Institute (MAI) predicts that Malaysian carmakers Proton Holdings Bhd and Perusahaan Otomobil Kedua Sdn Bhd (Perodua) will dominate the local car market by 52 %.
“Based on the new models and the variant planning of the national car companies and the potential attractiveness of these models and variants, we forecast that the combined market share of Proton and Perodua will achieve 52% of the domestic total industry volume (TIV),” MAI chief executive officer Mohamad Madani Sahari said.
“We are currently re-running our TIV forecast modelling, taking into consideration the numbers for the last quarter of 2014 and other economic factors,” Madani added.