$11 Bn Automotive Memory Industry Malaysian Automotive Industry Outlook 2018

$11 Bn Automotive Memory Industry Malaysian Automotive Industry Outlook 2018

car industry outlook 2019The 2008 economic and economic crisis hit the US automotive business hard – particularly the Huge Three” automakers General Motors, Ford and Chrysler. When the situation of the looming trade war was raised, Ong stressed that Miti’s focus on automotive exports is precisely to address the issue and make sure that there will not be a slowdown in Malaysian exports. The Ministry of Business and Info Technology, China’s leading sector regulator, said on Wednesday that it is optimistic about the nation’s automotive sector in 2019, with demand from modest cities expected to grow although a lot more old car models will exit the market place this year.

The international automotive memory market place is witnessing the presence of numerous players that compete on a value basis. The stringent safety and emission norms are encouraging the vendors to diversify their solution portfolio to reach the maximum number of …

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