Incentive for local vehicle purchase
Government's announcement today 100% tax incentive for local assembled cars coincide with the launch locally assembled X70 earlier of the year will definitely support its sales barring inactivity during mco, furthermore with the anticipated launch of X50 will support its sales volume for the year and thus its profitability. Immediate upside TP2.10
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.