Mamak Talk
Why does the New Civic have only P, R, N, D, and no S and L modes Will this be a smarter CVT transmission system?
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Traditionally, vehicle sales in the beginning of the year does take some time to build up steam so it isn’t all that worrying that vehicle sales for January 2022 of 40,481 units dropped a massive 44 percent over the December 2021 numbers that clocked in at 72,765 units.
Although that’s quite a drop, a better comparison would be against the corresponding January 2021 figures. When lines side-by-side with those, everyone can breathe a sigh of relief; especially the Malaysia Automotive Association (MAA) as they’re hoping the total industry volume (TIV) for 2022 will exceed 600,000 units after falling short last year.
Also Read: MAA: 600k cars sales target for 2022, back to pre-Covid days?
January 2021 sales ring in at 33,392 units. Therefore, January 2022 represents a bump up of 22 percent. Promising indeed.
Also Read: Malaysia vehicle sales down 4% in 2021, which car was the best-selling model?
The surge in December 2021 would’ve been fuelled by the proposed ending of the sales tax exemption for passenger vehicles although that’s since been extended until 30 June 2022.
Also Read: MAA: Please extend the SST exemption by another 6 more months
Production figures chart the same trend against the corresponding numbers in January 2021. In total, factories in the country rolled out 42,961 units for January 2022. Compared to the 39,666 units from January 2021, it’s a promising trend.
In conclusion, the MAA’s target of exceeding 600,000 units for 2022 remains on track and with the flurry of new launches recently, we should be seeing monthly sales figures begin to climb as the year progresses.
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