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Saturday, July 4, 2015

THE STAR MALAYSIA: Drop in June car sales


PETALING JAYA: The amendments to the Hire-Purchase Act 1967 (HPA) that took effect on June 15 has caused delays in vehicle registrations and should result in lower total industry sales for the month.

Car players said the drop did not mean people were buying fewer cars but reflected the longer time to book a sale and they expect the registration numbers to smoothen out in July.