The Malaysian Automotive Association (MAA) has just released car sales figures in Malaysia for January 2017. Combined sales for commercial and passenger vehicles managed a slight gain over the same month last year, with a total of 44,667 vehicles sold last month, compared to 44,589 in the same month last year.
The outlook for sales volume in February is a slight decrease, attributed to the shorter working month due to post-Chinese New Year festive holidays. This follows a significant dip from last month, representing a 31% decrease from December 2016; the year-ender itself made a 32.1% gain from November, with 64,822 vehicles sold.
This mirrored the previous December/January pattern as well, which marked a considerable dip in total industry volume compared to the previous year’s, which charted Malaysia’s highest ever at 666,674 units.
The slight increase for January compared to the same month last year was attributed to a continuation of aggressive sales and marketing campaigns for Chinese New Year promotions, though the gain was not as large as it could have been due to the aforementioned shorter working month, as well as from the diminishing effects of East Coast floods.