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Honda Malaysia expects car sales to double this year.

Asia Africa Intelligence Wire

| January 29, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Times (Malaysia))

WHILE car sales are expected to slow down this year, Honda Malaysia Sdn Bhd, a unit of Honda Motor Co Ltd, expects to double sales to 12,000 units this year.

Sales will be driven by the popular CR-V model, new launches and more importantly, the start of operation at the company's own manufacturing and assembling facility in Malacca.

"With our new plant in Malacca, we have a better control of production to record higher sales.

"The continued favourable car market expected this year will also help boost our sales," said president and chief operating officer Syed Hisham Syed Wazir.

Honda Malaysia, …

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