With the first three months of the year past us, it’s time to take a moment and see how the automotive market is performing thus far. Here, we compiled sales data from the Malaysian Automotive Association (MAA) for the first quarter of 2017 (Q1 2017).
Overall total industry volume (TIV) for Q1 2017 saw an improvement compared to Q1 2016 with 140,839 units sold. This represents an increase of 7.29% or 9,572 units from Q1 2016, likely spurred by the introduction of several new models in January, February and March.
Perodua, unsurprisingly, sold the highest number of cars in Q1 2017 with 50,265 units, a 6.54% or 3,084-unit increase from Q1 2016. However, its market share did decline by a small bit, down to 35.7% compared to 35.9% in the same period last year.
Honda continues to be the second highest contributor to TIV as well as the number one non-national brand on the list, selling 27,283 units in Q1 2017. When compared to Q1 2016, the figure indicates a massive 45.30% or 8,506-unit hike, and its market share grew to 19.4% from 14.3% in Q1 2016.
Moving on, national carmaker Proton experienced a marginal increase in sales for Q1 2017, with 19,376 units, a gain of 0.79% or 151 units compared to Q1 2016. It too saw a decline in market share, capturing just 13.8% compared to 14.6% in Q1 2016 – this despite launching four new models (Perdana, Persona, Saga, Ertiga) last year.
One of the biggest gainers here is Toyota, which experienced a 61.54% sales growth in Q1 2017 from Q1 2016. The brand managed to shift 16,503 units in Q1 2017, and its market share stood at 11.7% (up from Q1 2016’s 7.8%).
Other Japanese brands like Nissan and Mazda didn’t fare as well, with both facing a decline in sales of 44.41% and 41.39%, respectively. In Q1 2017, Nissan managed to sell 5,989 units and had market share of 4.3% (down from 8.2% in Q1 2016), while Mazda shifted just 2,082 units and accounted for 1.5% of the market (down from 2.7% in Q1 2016.
Moving on to European marques, Mercedes-Benz took the sixth spot on the list, with Q1 2017 sales numbered at 2,988 units, an increase of 11.62% from Q1 2016. The Three-Pointed Star also saw a bump in its market share to 2.1% from 2.0% in the same period last year.
Meanwhile, BMW also benefitted from a sales growth in Q1 2017, selling 325 more units compared to the same period last year. Its 2,138 units sold in Q1 2017 resulted in a higher market share of 1.5%, which is 0.1% more than in Q1 2016. Volvo also enjoyed an increase in sales by 1.6% to shift 191 units, although its market share remained unchanged in both periods at 0.1%.
Other notable brands include Kia (up 21.07% to 1,086 units), Subaru (up 25.07% to 878 units) and Renault (up 27.52% to 139 units). On the other hand, decliners include Audi (down 55.52% to 125 units), Mitsubishi (down 24.30% to 2,178 units), Ford (down 23.75% to 1,499 units) and Hyundai (down 17.21% to 1,299 units).
Click on the table below to view an enlarged version.