The Malaysian Automotive Association (MAA) has released sales and production figures for the month of August 2016, and it appears that the downward trend from last month has been stemmed.
Sales-wise, a total of 52,312 units were sold in August, comprising 46,223 passenger vehicles and 6,089 commercial vehicles. Compared to the same time last year, sales figures also trailed behind, though by a smaller margin – August 2015 charted 53,459 total sales, comprising 47,309 passenger vehicles and 6,150 commercial vehicles, a margin of 1,086 passenger vehicles and 61 commercial vehicles.
August 2016 recorded a 23.2% or 9,841-unit increase in sales volume. The rebound in performance for August was attributed to a longer working month, as well as new model launches which took place recently. According to the MAA, total industry volume for year-to-date August 2016 measured 14.8% lower than the corresponding period in 2015.
Meanwhile, 39,987 passenger vehicles and 3,465 commercial vehicles were produced last month, for a total of 43,452 units in the month of August. Compared to the same month last year, total vehicle production was down 5,883 units across the board, as both passenger and commercial vehicle output took a dip.
Year-to-date production for August this year stands at 345,512, which still lags behind the 417,654 units produced by August 2015 year-to-date. The production breakdown for August 2016 YTD stands at 315,940 passenger vehicles and 29,572 commercial vehicles, compared to 384,605 passenger vehicles and 33,049 commercial vehicles for August 2015 YTD.
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Bezza fuuyohhh
Interested by auto BRAND, included sales VALUE in MYR $ comparison.
Finally no more stories of longer/shorter month, tighten bank loan application…
Din see any Sienta yet… Even fewer than Civic
Sienta launched 32 days only. The new Perdana is legendary. You can only find it in showroom.
The month to month numbers don’t mean much for our small market. A single new launch of a popular car would completely skew the numbers.
Next month will likely see production numbers drop even faster as the new models cannibalize older siblings. I see new cars piling up at stockyards.
However that 14.8% YTD drop from the previous year is a bad omen. Now, with all the major car buying holidays are done and over with, one leaves to think how else can they entice would be buyers.
Sales of commercial vehicles is usually a good barometer of the health of the economy. So this is not good to see it dropping yet again.
With only 4 more months to go, it didn’t even cross 400k yet. So much for hitting the lofty 700k target made by MAA and MAI that I made fun off.
Sales of pickups might be bad, but OTOH heavy trucks r selling like nobody’s business. Our order books r filled till next year 2nd quarter.
I think you’re right
MAA and MAI plucked the figures from the sky really.
This is based on their SUKA-SUKA & BANTAI-BANTAI statistics….
MAI MAA face the fact the your car prices are so hai, people rather sacrifice new car smell by sticking with their trusted old cars than taking long term loans for something that depreciates and has no value in the long term. I am happy with my old highly engineered E36 325i.
Sushi is much reliable than sausage. That’s the fact
Seriously, do we need MAA to tell us the car sales is not good or doing well ! Take a look at the yards that stores our P1/P2 cars & you will see the numbers do not lie.
Secondly, take a tour to the nearest store that have cars lelong on a weekly/monthly basis.
Thirdly, car company giving discounts to push off 2015/2014 older models just to clear stocks.
To cut it short, ask our bankers/financiers/bankruptcies bureau, U will not be surprise to see many young adults applying to refinance loans to keep up their burgeoning expenses due to increase in prices of goods & services.
Looking at production and sales figures, gives me the impression that a sizeable many are waiting for promotions to buy old stock because of the arrival of new models.
Dropping in sale is not a total bad thing in Malaysia. Hope that can somehow reduce the traffic jams
PopularGrape, when sales of cars is dwindling, it shows the health our our economy. I am worried that due to bad economy, consumers might extend servicing their cars, not changing their worn tires.
If this happen, many vehicles might break down/accidents due to bad maintenance & this will cause more jams.
It come from Bezza!
All new civic are selling like hot cake, it contribute 10% from total share market, Bezza however own the majority market share. Anyway VW also contribute by giving massive discount, as usual VW is poor man Audi.
Shouldn’t it be the other way around since VW effectively owned Audi? Audi is wealthy man VW.
The reduced in sales figure points to poor economic sentiments. I can’t see sales improving drastically due to new car launches.