Malaysia’s total industry volume (TIV) of new motor vehicles for 2009 was down fractionally by two per cent to 536,905 units, compared to 548,115 units registered in 2008, the Malaysian Automotive Association (MAA) said.
This is great news for the auto industry, which was tipped for doom and gloom at the start of 2009, when the world’s economy was in poor health. Taking that into account, MAA’s initial forecast was a pessimistic 480,000 units, revised to half a million when things started to pick up by mid year. 2009 ended on a high as year-on-year sales volume in December surged by 20 per cent.
The momentum is expected to carry through, so MAA predicts a 550,000 TIV for 2010.
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Try opening the car market for level play, i bet easily a 30% increase in car sales.
why not, Malaysians love cars, alot!!!
Are these sales to end consumers or dealers?
This year the figure will go down definelty…., neew petrol price structure the main reason, maybe more sale for smaller car.
When is GST coming in?
Knowing malaysian like to "wait and see" attitude and the flipflop G with their silly policy, I think the volume will go down in 2010.
watever….
When GST 4% comes in June, the car sales will surely drop a lot :)
BeemerFreak said,
January 20, 2010 @ 5:20 pm
Try opening the car market for level play, i bet easily a 30% increase in car sales.
>>> Not really… while foreign carmakers' sale increase, local carmaker's sale will drop… it'll balance out.
Unless suddenly the top 1,000,000 richest people in the world suddenly migrate to msia… which is unlikely.
Low interest, low monthly installment, and longer loan period actually feed the sales. Imagine naza can give 12 years loan.
tokmoh said,
January 21, 2010 @ 7:30 am
BeemerFreak said,
January 20, 2010 @ 5:20 pm
Try opening the car market for level play, i bet easily a 30% increase in car sales.
>>> Not really… while foreign carmakers’ sale increase, local carmaker’s sale will drop… it’ll balance out.
Unless suddenly the top 1,000,000 richest people in the world suddenly migrate to msia… which is unlikely.
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yea..unlikely unless proton decides to free malaysians and close themselves down or sell themselves to volkswagen
squawk said,
January 20, 2010 @ 6:08 pm
Are these sales to end consumers or dealers?
__________________________________________________________________________________
These figures are based on registered units (end users) or units sold reported by MAA members every month then compiled for public annoucement. However, these figures will not be including the new cars registered by the parralel importers, i.e. recond cars or non-official imports like the USF's Honda MPVs, Naza's Toyota/Lexus marques, etc. These are the figures reported by MAA compiled from its members where they are official manufacturers or importers. If one would like to know how many total vehicles registered during 2009 (actual new cars on the road), we need to refer to JPJ data base.
Dear The Royal Academy of Proton Bashers,
THERE IS NO LINK BETWEEN 1,000,000 RICHEST MIGRATING TO MALAYSIA AND PROTON CLOSING DOWN.
you dont really understand what tokmoh are tring to say, didn't you!
.
In the absence of good public transport, owning a private vehicle is the way to go…….
Public transport industry captain, almost none of them are CILT certified….no wonder the planning is hancurrrrrr…………
Even if you open the market, practically speaking half a million cars a year is not much. For a new player, the market should be at least 3/4 of a million to make it worthwhile. But with car ownership forced to stretch to 7 years and beyond, sales will hit the wall sometime.
zain said,
January 20, 2010 @ 7:01 pm
Knowing malaysian like to “wait and see” attitude and the flipflop G with their silly policy, I think the volume will go down in 2010.
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G have been flipfloping for years, still figure going up. Malaysian claimed "wait and see", but actually we are more "buy and complaint" type of people, and some even "will never buy but still complaint".
I'm glad that I contributed to the number..
agreed with epol.. :D
2% , no significant difference.
If the Rm5,000 rebate nevertook place, there isn't be any increased at all… but if non national makes are allowed for this rebate, i can forsee a min 10% increase over the previous year…
MAA should also provide figure of how many P1 & P2 had been sold with Rm5,000 rebate… We want figures!
I think MAA are quite irrelavent these days… Are their figure correct ?