The Malaysian Automotive Association (MAA) has released production and sales figures for the month of October 2016, and last month was a slow one for the local car market, with sales volume declining 0.6% (312 units) over September, which itself was 7.9% down compared to August.
According to MAA’s notes that accompany the figures, the auto industry club cites buyers adopting a ‘wait and see’ approach pending announcement of Budget 2017 as a main factor in the slow sales. However, MAA expects November sales to be slightly better than last month’s due to aggressive sales and marketing activities by the car brands.
Not much difference in the year-to-date numbers, compared to the same period last year. Sales till end-October stands at 466,208 units, 13.9% lower than in the same period last year.
With a slew of recently launched new models (Toyota Vios facelift, Isuzu D-Max facelift, Chevy Colorado facelift, B8 VW Passat) and with a couple more before the year closes (Proton Ertiga, Hyundai Ioniq Hybrid), will we see a strong end to 2016?
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IMO, its a good thing. Less jam on the road for me :)
ekonomi kukuh dan sihat
Everybody waiting for end of year sales then rush to buy
previously also said, Next month’s sales will pick up because the buyer adopted wait and see bla bla bla. By the way, the rakyat have spoken, stop the buying until the gomen reduce the car price add promised. Enough said
ironically when i call for the “until the buying stop, the price will not go down” no one care (low/no thumbs up).
what i can say now is, dream on!!! first the gomen care shit about our comfort and 2nd majority can’t hold back from looking good..
Yup. Gov only cares for us to use public transport instead of cars/motors; less jams. With MRT coming on line, this is a windfall in disguise for city dwellers like me.
How come sales figure is more than production? What did they bought? air?
If you bought last year stock, will it be counted into those figures as well?
Not all car made or ckd in Bolehland. Some are CBU
Can also be CBU from asean countries. Like avanza. Rush. Sienta.
high production due to Proton new car launches but sales is dead
Doesn’t MAA always say the outlook for the “next” month would be better?
Who really cares about month to month sales anyway. The whole bloody year is down 14%….and it would get worst.
Wondering if it would even crest 600,000 units this year.
WE,carlovers….STOP THE BUYING FRENZY.
ENFORCE 6 MONTHS MORATORIUM on buying new cars.
This way,those greedy distributors esp.UMW will drop prices when stocks r piling towards Mt Everest.
Imagine…buyers of ist batch Sienta cursing now.2 months later,now…UMW giving rm 7500 rebate!!!!
Rm7500 is almost 6-10 instalments,depending on your loan tenure.
Camry..rm10,000 rebate.
IMAGINE THEIR immoral PROFITS when they can give such rebates,just to clear stocks.
The NEW CAR SMELL may mean u toiling an extra 3 years ,besides the normal 5-6 years,if u opt for a preowned or cheaper car.
THINK…..Bolehland is unofficially in recession.
Car sales have slipped 14 % todate compared with 2015.If u dont see it as recession,what do u see?
EXPANSION? YEA,expansion of debt.
Bagus. Padan muka greedy people
Now they’re panic because we don’t buy their cars and support their industry
Times are bad la
Fix the ringgit
If stop buying P2 sure the car price will drop
Brader, we can show gomen our voice during next PRU. For us .. stop buying is the best weapon for the time being
Slow month. Even slow for Proton. How the company going to feed their overbloated 12,000 workers?
Year end is coming. Last count was that Proton has only sold 50,000 cars. That is half of last year’s 100,000 cars.
Last year, when Proton sold only 100,000 cars, the Government thought Proton was gone case and it became big scandal. Mustapha had to make many press releases asking the viability of Proton as a company.
This year is worse. Despite few models already launched, only 50,000 cars sold. What a shocker.
And don’t forget, bulk of the 50,000 cars are bought by Ministries and Government departments as a “sedekah” to help Proton.
I recommended close protong business. Save government money & also reduce all brand car price. Because protong, all car price become expensive because protong tak boleh cari makan if other brand cheaper than Protong…
If they abolish P1 and P2 and still not drop the tax structure of car, then how? Semua naik kapcai?
You again talk the same crap thing. Dont you feel tired?
Bro. He get paid to post crap. So why shud he feels tired? Just be like us and ignore him.
Proton hater detected!!! So free to comment.
Why, no customer coming to your showroom???
Don’t worry, Suzuki comes in.. Proton will lose 30-40% of its workforce excess. Too much burden, says Suzuki. They will have to adjust to doing multi taskings
Bad ekonomi, Rakyat No money.
Rakyat tunggu end of year sales baru rush beli.
Belum 6.50.
Can buy whatever that you love and want, quickly, before it’s too late.
What ‘ wait and see’ approach.. Stop making it like a normal ting… The whole economy is going bust, RM is practically disintegrating, banks are closing more than third of their branches, market have no liquidity, and inflation is eating up everyones income.. Thats the real reason…
betul cakap kawan di atas. terima kasih. rakyat suffering, gov korup, negara dying somemore cakap car sales naik. bs. either they are stupid or think the rakyat are stupid. ajar dia kaw kaw, use consumer power and stop buying. have been cheating the rakyat for how many years with ridiculous high price for junk cars. bila buying stop, they will panic and harga akan turun. be smart, don’t be killed by loans and big depreciation.
Most if not all consumers know that our economy & the world are not doing well. With this kind of scenario, do you expect things to improve in these 3 months ?! The answer is a definite/Big NO.
A smart consumer will not commit itself into a long term commitment like a car loan. Only those company who have tax benefits can/will utilize its tax incentives to purchase a new car.
The sad thing is that I think next year will be even worst than this year. Save some $$$ & brace yourself for rainy days ahead folks. Happy commenting whatever comes may as lives still goes on.
Yes. It will improve, cuz pipu just waiting for end of year sales then rush buy when dealers throw diskaun to clear stock.
While the car price so expensive due to weak currency and ridiculous government tax (to protect Proton), and Proton drivers are cashless all the time (don’t play play with Proton quality), of course sales drop lar.
economy no good and job uncertainties for many will hinder car purchasers.
MAA next time gonna cook-up stories explaining low sales of car may be due to:
1. lambat masuk BRIM
2. year end bonus belum masuk
3. unpredictable weather lately
4. cooking oil prices go up
5. BERSIH demo
6. Soros
etc….
7. Year end sales
Most sebab loan rejected..