malaysian automotive association vehicle sales data

October vehicle sales saw 2nd highest of 2020 – Over 56k units!

Vehicle sales for Malaysia in October stood at 56,670 units, which is an increase of 5.2% from the 53,870 units a year prior. The Malaysian Automotive Association (MAA) said in a statement that the country’s vehicle sales rose 0.4% from the 56,444 units registered in September. This puts October’s sales figure as the second-highest in 2020 after July (57,552 units). The reason for the higher year-on-year and quarter-on-quarter sales was due to new model launches as well as ongoing promotional ca

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Nov 19, 2020

Ridiculous lack of data is another reason why Malaysia’s car industry cannot progress

Market intelligence forms the basis of any company’s ability to make reliable forecasts and volume planning. Without it, the company is merely shooting in the dark. What is the projected sales mix between the S, E, and V variants of the Honda City? What’s the monthly sales volume? What’s the colour demand trend? All these questions need to be answered at least 6 months in advance because that’s how the manufacturing industry works. Most of the world’s manufacturing plants operate using the so-ca


Feb 16, 2021

Malaysian new car sales dropped by 44 percent in March 2020

New car sales in Malaysia dropped 44 percent month-on-month, according to the latest data from the Malaysian Automotive Association (MAA). As expected, March 2020’s numbers were down by almost half, as MCO was implemented on 18-March. A total of 22,478 new cars (including commercial vehicles) were sold in March 2020, a drop of 44 percent (17,925 units less) from February 2020’s numbers. Year-to-date sales for 2020 stands at 105,533 units, 26 percent less than the same three-month period in 2019.


Apr 29, 2020

Car sales in Malaysia rebounded by 94.7% in June, SST-free period to drive sales up

The upward trend for vehicle sales in Malaysia has continued into its second month, as data from the the Malaysian Automotive Association (MAA) has indicated that vehicles sales in Malaysia has increased by 94.7% in June 2020. Back in June, sales amounted to 44,965 units, which is an increase of 21,735 units or 94.7 percent compared to May. Although sales figures over the past two months were encouraging, year-to-date figures paint a different figure. With 174,675 units shifted from January to J


Jul 24, 2020

Plot Twist: The MG ZS is the best-selling small SUV in the Philippines, not the Geely Binyue

Two weeks ago, we reported that the Geely Binyue, which is sold in the Philippines as the Geely Coolray, is the best-selling small SUV there, but MG has since clarified that the MG ZS is apparently the best-selling model. According to a report by visor.ph, MG said that they sold 208 units of the ZS in June, putting itself comfortably ahead of the Geely Binyue/Coolray, which only managed to shift 154 units. Trailing behind the Coolray in third place is the Suzuki Jimny (112 units). How did this h


Aug 5, 2020

Surprise U-turn sees government extending sales tax (SST) exemption/discount to June 2021

This is a surprise to everyone, good or bad, it depends on how you see it. In a document sighted by WapCar.my, the Ministry of Finance has just announced today that existing sales tax (SST) exemption/discount for new and reconditioned cars under the Penjana stimulus package will be extended until 30 June 2021. The announcement supersedes an earlier reply by the Ministry made on 23-December, denying the Malaysian Automotive Association’s (MAA) appeal to extend the SST exemption/discount, which wa


Dec 29, 2020

Perodua and auto supplier association setting up industry benchmark for Covid-19 SOPs

It has been revealed that Perodua Suppliers Association (P2SA) and Perodua will be working together to draw up standard operating procedures (SOP) for the automotive industry. P2SA also claims that the extended Movement Control Order (MCO) to 18 February 2021 will help protect the industry until vaccination begins. P2SA president Musa Zahidin Ahmad Zaidee told Bernama that the association takes the safety of all their members seriously and making sure that all its employees are strictly adhering


Feb 9, 2021

MAA: 2020 annual new car sales to be down by 34 percent

The Malaysian Automotive Association (MAA) has revised its forecast for 2020’s total industry volume (TIV), the industry term for total new car sales, from 607,000 units to 400,000 units due to the on-going MCO. The reduction represents a 34 percent reduction in annual sales. The last time Malaysia’s TIV dropped below the 500,000 psychological barrier was in 2007, with 487,176 units sold. Last year, the TIV was 604,287 units, up 1 percent from 2018. MAA president Datuk Aishah Ahmad said the move


May 1, 2020

Malaysia’s auto sector forecasted to drop 13 percent – 80,000 less cars

The ongoing Movement Control Order (MCO) will hit business hard, as almost all retail businesses grind to a halt. The Malaysian Automotive Association (MAA) had originally forecasted 2020’s total industry volume (TIV) – an industry term total new vehicle sales – to be at 607,000. RHB Investment Bank’s own forecast had originally put 2020’s TIV to be at 595,000. Last year, Malaysia's TIV was at 604,287 units. With car dealers selling almost zero cars for at least a month (MCO runs from 18-March t


Mar 31, 2020

56,444 vehicles sold in September, but October might see a drop

Looks like September is a pretty good month for vehicle sales in Malaysia as the month saw 56,444 vehicles sold, according to the Malaysian Automotive Association (MAA). This saw vehicle sales increase by 26% from 44,666 units in the same month last year. Passenger vehicle sales were increased to 51,422 units in September 2020 from 40,267 units in September 2019. Meanwhile, commercial vehicles saw an increase from 4,399 units to 5,022 units. September also saw a growth of 7% from August. This is

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Oct 20, 2020

Sales tax exemption: Car companies scrambling for answers

It’s a frantic start of the week for many staff at car companies. Following Friday’s announcement by the Prime Minister that locally-assembled cars will be exempted from paying 10 percent sales tax while imported vehicles will see the rate reduced by half, many car companies are swamped by calls from their dealers and stakeholders asking for details on what’s the next step. Without the necessary paperwork, the Accounts/Finance division at car companies are unable to proceed or give any answers.


Jun 9, 2020

Malaysian car manufacturers to stop work again? Eurocham denies Feb-4 lockdown

A leaked memo from the EU-Malaysia Chamber of Commerce and Industry (Eurocham) to its members says that the manufacturing sector should prepare itself for a shutdown/strict lockdown if the Covid-19 situation doesn't improve. The memo adds that the organization’s CEO Sven Schneider had a meeting with MITI on 22-January and was told that the Ministry of Health (MoH) has made a clear stance for a complete shutdown of the economy if Covid-19 cases continue to rise. 99 of the 300 Covid-19 clusters in


Jan 24, 2021

2020's new car sales (TIV) in Malaysia is lowest in 13 years, 529,514  units

The Malaysian Automotive Association (MAA) has announced its tally for total new car sales, better known within the industry as Total Industry Volume (TIV), for year 2020. A total of 529,514 new motor vehicles were sold in 2020, down 12.4 percent from 2019. The cause of the downturn is of course due to the Covid-19 pandemic and the associated MCO restricting normal economic activities. For two and a half months between March and May 2020, no cars were sold as showrooms were not allowed to operat


Jan 22, 2021

Despite losing 3 months of business, Malaysian used car sales hold steady in 2020

Even though the country is still undergoing a pandemic, used car sales in Malaysia saw steady growth in 2020. This is despite the fact that used car dealers were severely hit from March to May due to the movement control order (MCO). According to the Federation of Motor and Credit Companies Association of Malaysia (FMCCAM) president, Datuk Tony Khor, the used car industry had only about nine months of business this year as a result. In an interview with StarBiz, he said in thanks to the sales ta

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Dec 28, 2020

Proton launches Certified Pre-Owned programme, used Proton car with warranty!

Interestingly, one growth seen through this whole coronavirus pandemic is the rise in used car sales. According to data by the Malaysian Automotive Association (MAA), used car sales grew by 100% in the first six months of 2020. Seeing this, Proton decides to expand and improve its used car management (UCM) department to help streamline sales and distribution of used cars in support of new car sales. Proton’s UCM division began in 2019 with 8 outlets located in various dealerships. In 2020, Proto

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Jul 29, 2020

Covid-19: Used and recon car dealers may layoff workforce as crisis extends

Malaysian used and recon car dealers and their 50,000 plus workforce are at risk of being laid off should the Covid-19 crisis prolong for more than 2 months, according to a report by New Straits Times (NST). While dealers have braced for the impact of the Movement Control Order (MCO), the practically zero sales which leads to higher inventories, poor consumer sentiments on the economy, and high fixed operational cost are taking their toll. President of the Malaysian Association of Malay Vehicle


Apr 14, 2020

MAA: Loan moratorium expiry to impact Malaysia auto industry negatively

The 6-month long loan moratorium is set to expire in September and its expiry could have some negative impact on the Malaysian automotive industry. The loan moratorium went into effect in April as the country entered the Movement Control Order (MCO) period. Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad told The Edge, “People will not have the money to buy new vehicles. But I think it depends on the category of vehicles. I think high-end vehicles will not be impacted; people


Jul 27, 2020

Used car dealers in Malaysia experiencing record-high sales in July 2020

Looks like car manufacturers are not the only ones that are currently enjoying a surge in sales. Used-car dealers are also reporting record-high sales in the few months since the Recovery Movement Control Order was put into effect. According to the Federation of Motor and Credit Companies Association of Malaysia (FMCCAM) president Datuk Tony Khor, the surge in demand for used cars is so good that the scenario is “simply too good to believe”. The surge in vehicle sales is believed to be spurred b


Aug 3, 2020

Perodua’s 2020 sales dropped 8 percent due to Covid-19, ended year with 220,154 cars

Perodua ended year 2020 with 220,154 cars sold. That’s 20,187 cars less (or 8 percent) than the company’s total sales for 2019, but ahead of the company’s revised annual sales target of 210,000 cars. “We thank all Malaysians for choosing Perodua and the government for extending the sales tax exemption under PENJANA to sustain the sales momentum which the automotive industry is now enjoying,” said Perodua President and Chief Executive Officer Dato’ Zainal Abidin Ahmad. He added that Perodua manuf


Jan 2, 2021

Geely Coolray (Proton X50) is among the Philippines' top 10 best-selling passenger cars of 2020

Just like how the Proton X50 is getting the attention among Malaysians, so is the Geely Coolray in the Philippines. The X50’s Filipino twin has sold 2,158 units in 2020 which puts it in the top 10 best-selling passenger vehicles in the country for that year. This was based on a January 2021 report that was released by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI). CAMPI is the Filipino equivalent of the Malaysian Automotive Association (MAA) in which both compile month

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Feb 16, 2021

J.D. Power to exit from Malaysia and rest of ASEAN, to focus only on China and Japan

Market research agency J.D. Power will be shutting down three of its international offices – Singapore, Bangkok and Sydney – as part of its reorganization under its new owner Thoma Bravo LLC, a US-based investment company. Operations in these three offices will be wound down in stages and by the middle of 2020, J.D. Power will only maintain three offices for the Asian region – Beijing, Shanghai and Tokyo. As J.D. Power’s businesses in Malaysia are managed out of its Singapore office, the reorgan


Nov 19, 2019

China’s Hisense to buy over Japan’s automotive A/C supplier Sanden

China’s white goods manufacturer Hisense Home Appliances Group will acquire Japan’s automotive air-conditioning manufacturer Sanden for JPY 21.4 billion (about RM 809.7 million). The move will allow Hisense to diversify into the automotive air-conditioning system market. Hisense has ambitions to manufacture air-conditioning units for electric vehicles. In an announcement by Sanden made earlier this week, the company says Hisense will acquire 75 percent of voting rights in the company for 21.4 bi


Mar 9, 2021

Jualan kereta melonjak pada bulan Mei, kata MAA

Jualan bulanan kenderaan pada bulan Mei melonjak naik dengan jualan sebanyak 22,960 berbanding bulan sebelumnya yang merekodkan jumlah jualan terendah iaitu 141. Walaubagaimanapun, jika dibandingkan dengan jualan pada bulan yang sama tahun lepas, terdapat penurunan sebanyak 62.2% kerana kekangan dari Perintah Kawalan Pergerakan (PKP). Malaysian Automotive Association (MAA) berkata secara umumnya, orang masih berasa takut untuk keluar dan sentimen konsumer masih pada tahap berjaga-jaga. Tetapi, m


Jun 23, 2020

Sales of Hyundai Sonata in Korea reach new low, Kia K5 sells 2x more, why so?

Sales of the Hyundai Sonata, once Korea’s most popular model, has been falling to dangerously low levels. The Hyundai Motor Group’s Asan plant, which makes the Sonata, is sitting idle for one week as inventories of the slow-selling Sonata are piling up at dealers. Production will only resume on Monday, 15th of March. Hyundai ended 2020 with 48,067 units of the Sonata sold, down 26.3 percent from the year before. Covid-19 was not an issue as Korea was one of the few major automotive market in the


Mar 12, 2021

Malaysia mulls CO2 emission as requirement for EEV, more hybrids to come?

The Malaysian government is drafting a proposal to tighten requirements to qualify for excise tax deductions under the Energy Efficient Vehicles (EEV) program. EEV is a tax incentive package for fuel efficient, locally-assembled cars. Not to be confused with EV (electric vehicles), EEV is technology-neutral and encompasses all types of powertrain. Currently, EEV incentives are decided on a case by case basis, based on several factors including (but not limited to) the value of project and econom


Dec 17, 2020

Go Auto to head green vehicle project in Kedah, RM 1.5b investment

Kedah has big plans to become a green technology vehicle assembly hub and major defence industry in Southeast Asia as the state is poised to receive an investment of RM 1.5 billion in green vehicle technology and defence equipment industries headed by Go Auto Group and Flumen Holdings Sdn Bhd. Kedah Menteri Besar Muhammad Sanusi Md Nor told Bernama: “Both companies are major players in the energy-efficient vehicle (EEV) and green technology industry as well as being involved in the supply of def


Jan 7, 2021

Geely joins IATF to influence international automotive quality standards

Geely has become the first Asian automaker to join IATF, a global automotive quality standards organization. The International Automotive Task Force (IATF) is a group of automotive manufacturers which aims at providing improved quality products to automotive customers worldwide. With its admission, Geely will now participate in the formation and improvement of international quality standards with other global automotive groups to promote the sustainable development of the world’s automotive indu


Apr 9, 2021

The Malaysian link behind Hyundai’s decision to build this sexy EV in Singapore

Earlier this month, Hyundai started construction of a RM 1.22 billion, 30,000 electric vehicles a year plant in Jurong, Singapore. When completed in 2022, the Hyundai Mobility Global Innovation Center (HMGICs) will be the Hyundai Motor Group’s (which also include Kia) regional hub for electric vehicle (EVs) production and development. Out of the 30,000 EVs to be build there, about 5,000 to 6,000 units will be sold in Singapore, while the rest will be exported. The move comes as a surprise becaus


Oct 18, 2020

Covid-19: Dealers bracing for 80-90% drop in sales, no income for sales advisors

Now that the government has enforced the Control of Movement Order starting 18-March 2020 until 31-March 2020 to address the spread of Covid-19, car dealers and service centres will obviously have to be shut down for at least two weeks. Unlike the hotel and travel industry, which have been granted various tax breaks as well as lower utility rates, car dealers are left to fend for themselves. WapCar.my spoke to a few car dealers to get their thoughts on the matter. A Subaru dealer we spoke to tol


Mar 17, 2020

Despite 2.1 mil units sold, Geely group sales drop 3.6% in 2020

Geely Holding saw 2020 sales exceeding 2.1 million units which might sound like good news but that figure accounts for a 3.6% loss compared to 2019. In 2019, the Chinese conglomerate which consists of 3 subsidiaries – Geely Auto Group, Volvo Car Group, and Geely New Energy Commercial Vehicle Group – saw over 2.178 million units sold. In spite of the slight drop in total sales, Geely Holding still remains optimistic. Geely Auto saw 1.32 million units sold in 2020 (despite a 3% loss) and retained

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Jan 19, 2021