0348 GMT - Margins in Malaysia's automotive sector could remain under pressure due to intensifying price competition, writes TA Securities' Angeline Chin. The increased industry competition means market-share gains are likely to come at the expense of profitability, the analyst notes. Auto sales in Malaysia could decline 8.6% to 750,000 units in 2026, she says in a note. Chin cites weaker replacement demand, fading order backlogs, tighter consumer spending and a more challenging pricing environment amid rising EV penetration as contributing factors. TA Securities maintains an underweight rating on the Malaysian auto sector. It rates Bermaz Auto, MBM Resources and Sime Darby as sell. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
February 23, 2026 22:48 ET (03:48 GMT)
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