The Malaysian Automotive Association (MAA) has revealed its data for car production and sales in the country for the month of March 2016. Recovering from the slump in February, March saw an increase in sales and production.
In total, 48,800 vehicles were sold in the month, representing an increase of 10,924 units or 29% compared to February 2016. Passenger vehicles accounted for 43,247 units (up 9,121 units) from the total, whereas commercial vehicles made up the remaining 5,553 units (up 1,803 units).
The MAA attributed this spike to a longer working month, and car companies rushing to deliver vehicles to customers before their financial year ending March 31, 2016.
However, year-on-year sales volume in March 2016 was 28%, or 18,587 units lower than in the same month a year ago. Similarly, the March 2016 year-to-date sales figure of 131,267 is 22%, or 37,112 units lower than the same period in 2015.
The high total industry volume (TIV) in March 2015 was due to the imminent implementation of the Goods and Services Tax (GST), prompting consumers to make their purchases earlier.
On the production side of things, 47,810 vehicles – made up of 45,802 passenger vehicles and 2,008 commercial vehicles – were produced in March 2016. This is an increase of 12,680, or about 36% compared to February 2016.
Compared to same month last year, March 2016 saw 12,275 units less than March 2015 (60,085 units). Similarly, year-to-date March 2016 production was 129,591 units, a drop of 34,106 units from the same period last year (163,697 units).
For April 2016, the MAA are forecasting a higher sales volume that is better than March 2016.
Looking to sell your car? Sell it with Carro.
Guess Toyota got how many sale volume?
5000.
Increase 60%, very good
I still cannot understand. If a myvi sell at 45k..and 20k is the amount of tax/custom duties paid to the govt. Is tax a part of car depreciation?
In the second year that myvi market value should be 22k and not 38k.
Whats not to understand? Would anyone let go of their used car at a price without the tax paid considered? Would you?
How can it be good? Vios giving 7.5K,last year’s model rm10 k discount.
Their service centres,mechanics get less than 5 cars per day to service.
You call their complaint hotline,at 4pm…no response cos they have religious obligations.5.20pm only they return your call.
Somemore super high pricing,u expect record sales?
Top execs looking at chicks passing by from their posh office windows.
salesmen,waiting for more raya freebees to boost their sales.
OMG…Toyota sales drop drastically… Welldone, I think SAMLOO is enjoying his new Hailat…but the sales will be Jialat…LOL
There’s so many offer and rebates out there since march.
Think the act contributed quite alot too
Kipidap. We’ll have year long sales promo if the trend is accelerated.
A bit of a good news for the common man…. but with the corporations sleeping with governments the world over…. there’s no winning unless you join the rich club or the politicians club.
There are roughly 4,500 unsold ckd cars until end March. More promo rebates coming!!
What MAA function roles & responsibilities in Msia? Can someone list down only 10 contributions to Msian social & society? What end Apr’16 said forecast for Apr’16 …… ??????
Is a good sign! Is hurting the G, greedy GLC stake holder, sucker brand. Just hold on to your money and teach them a lesson.
Paultan used to include the figure by maker. Why not this time?
Report by maker (manufacturer) not yet released by MAA.
Be patient. I believe PT will release an article once it’s out.
Yes we will :)