Malaysia's Auto Sector May Stay Under Pressure -- Market Talk

Dow Jones
Jun 22

0447 GMT - Recent earnings and monthly sales data suggest that softer consumer sentiment and moderating order backlogs are weighing on Malaysia's auto sales momentum and margins, TA Securities analyst Angeline Chin says in a note. Intensifying competition from Chinese marques is further exacerbating the pressure, she says. She maintains Malaysia's 2026 auto sales forecast at 750,000 units, down 8.6% on year. While the new requirements for fully imported electric vehicles may provide some support to local car brands, Chin expects the overall impact on sales to remain limited. TA Securities downgrades Malaysia's automotive sector's rating to underweight from neutral, with sell ratings on Bermaz Auto, MBM Resources and Sime Darby. (yingxian.wong@wsj.com)

 

(END) Dow Jones Newswires

June 22, 2026 00:47 ET (04:47 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10