Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Sunday, June 20, 2010

APM Automotive Holdings Berhad

The success story and history of APM is with numerous notable 'first' in the Malaysia automotive component manufacturing industry. We remain in the forefront and is a clear leader in many areas such as leaf springs, van & bus seat design & manufacturing, to name just a few. Over the years our accomplishments and successes can be seen by the numerous prestigious awards that have been awarded to us by our customers. At APM, our customers are our driving force.

Malaysia vehicle sales up 16pc in May

MALAYSIA'S vehicle sales continued its upward momentum to record a 16 per cent growth in May 2010, thanks to favourable market conditions.

In a statement issued yesterday, the Malaysian Automotive Association said the good performance was also attributed to an increase in output to keep up with demand and delivery of outstanding orders.

"We expect year-on-year expansionary trend to continue in June."

Vehicle sales volume rose 16 per cent or 6,860 units to 50,845 units in May 2010, compared with 43,985 units in the same month last year.

Between January and May 2010 period, sales rose by 20 per cent or 41,012 units to 247,072 units compared with 206,060 units in the same period of last year.

Sales of passenger vehicles in May rose to 46,229 units from 40,159 units in May 2009, while that of commercial vehicles increased to 4,616 units from 3,826 units.

For the first five months of this year, sales of passenger vehicles rose to 222,947 units from 187,270 units in the corresponding period last year.

Sales of commercial vehicles increased to 24,125 units from 18,790 units previously.

In the production segment, a total of 48,845 units were rolled out last month, up from 36,391 units in May last year.

Passenger vehicle production in May increased to 44,940 units from 33,473 units in the same month of 2009 while commercial vehicles rose to 3,905 units from 2,918 units.

In the five-month period, passenger vehicle production rose to 221,626 units from 172,363 units in the same period last year while that of commercial vehicles went up to 20,032 units from 17,611 units.

Read more ...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts Plugin for WordPress, Blogger...