Total vehicle sales for the month of September 2015 have increased by 3,335 units compared to the same month in 2014, according to the Malaysian Automotive Association (MAA). With that said, the total number of vehicles was lower compared to August 2015, of which 53,452 units were sold. Of the total vehicles sold this month, 45,245 units were that of passenger cars while the remaining 5,861 units were commercial vehicles.
All in all, total vehicle sales have fallen by 1.4% year-to-date of September 2015 – a total of 485,388 units were sold (431,716 passengers cars, 53,672 commercial vehicles) compared to the same period in 2014 which saw up to 492,322 vehicles (436,660 passenger cars, 55,662 commercial vehicles) sold.
As for production numbers, the total build count for September 2015 was recorded at 45,734 units (41,386 passenger cars, 4,348 commercial vehicles) – a decrease of 3,745 units compared to the month of September 2014. With that said, the total vehicle production has risen for the year-to-date of September 2015 with 463,338 vehicles produced compared to 452,167 units recorded in the same period.
According to the MAA, the main reason behind the slump in overall sales figures can be attributed to the weak consumer sentiments as well as a gloomy economy outlook – the latter made worse by the weakening ringgit. Unfortunately, the MAA has predicted a relatively dim outlook for the month of October, as well.
Despite aggressive promotional campaigns, stricter hire purchase loan agreements allied to the aforementioned gloomy outlook should continue to represent an obstacle for sales figures to grow.
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Government says thankyou (GST)
MAA like to talk big. But they should ask their big big boss Najib, where is the 30% car price reduction Najib promised to the rakyat?
Now looks like car prices naik. this is even worse. Mungkir janji is one thing, now, Government has allowed car prices to go up.
And we all know, all car companies in Malaysia are owned by GLC or Government.. If they want to, they can reduce prices.
Let us stop buying any car for 1 month.
Then slowly continue for another 3 – 6 months or even 1 year.
If govt, car makers, banks can make easy money from us rakyat, we can boycott them too. There are still used cars to consider also, so no worry.
Loan kete 10thn blm habis bayar laa. PTPTN lg
car industries player will feel the heat if continue..
retrenchment will inevidable.
Didn’t MAA predict an increase of TIV to beyond 700,000? Thats plenty of LOLs out there now.
MAA predicted dim outlook in sales for OCTober 2015.
Dear forum contributors,if our f…up national issues(corruption) are still unresolved,the WORST PERFORMING CURRENCY IN ASIA will become the worst performing currency in the WORLD.
COME 2016,sales will continue to dip till China recovers or the price of oil rises.
By Christmas,if the Fed raises interest rates,our ringgit will deteriorate further,meaning Rm5 to a Dollar scenario.This will mean more price increase for new cars and spare parts.
So,play safe.If you still need to buy a car,either get a cheaper car or a good preowned unit.
Banks have laid of staff and are now tightening loan criterias.
Buying as if there is no tomorrow….is OVER.
When big man can songlap RM2.6 billion and get away with it, Mat Salleh all panic and pull their money out of Malaysia and also sell ringgit.
Big man’s party also condone and encourage his actions and have not sacked him
Due to price increase. I welcome increase more.
kos sara hidup pon dah tenat..x mampu beli rumah, kete mane nak mampu
it will get worse next year thanks to lower purchasing power of malaysians. Lets target 10% fall next year.
Can provide the info like total value of vehicle ? I believe this show better picture of amount money spend on car rather than only sales unit.
Where is the 30% car price reduction Najib promised to the rakyat…so we all sudah kena TIPU….