April 2017 Malaysia vehicle sales drop 20% from March

April 2017 Malaysia vehicle sales drop 20% from March

The see-saw continues. The Malaysian automotive industry – which had a good showing in March following a sluggish February – had a slow April, according to vehicle sales data supplied by the Malaysian Automotive Association (MAA).

Last month saw 42,746 units being registered, a decline of 10,971 units or 20.4% from March 2017 (53,717 units). Year-on-year, it’s just ahead of the corresponding period in March 2016, by 544 units. Still, the year-to-date sales of 183,586 units for 2017 is ahead by 10,133 units, or nearly 6%, over the same four month period last year.

The MAA suggests that the slow sales was a result of a combination of factors. These includes a rush for deliveries by companies having a financial year ending March 31 as well as changes in the SUV/4×4 excise duty structure, which was later reversed to its original rate. More stringent hire purchase loan approvals also played a part in the slowdown.

The association expects sales in May to continue at the same level as that last month, saying consumers are expected to continue facing difficulties in getting hire purchase loans approved.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Go up, complain ini salah gov.
    Unchanged, complain ini salah gov.
    Go down, lagi complain ini salah gov.

    inb4 all waitings for Raya promo.

    Like or Dislike: Thumb up 2 Thumb down 3
  • Jean Shih on May 19, 2017 at 7:38 pm

    Fake news.Bad economy is the main reason for 20% drop of car sales.Government still ignoring the fact Malaysia is going downhill lower to barbaric government in the Middle East! People must wake up that Malaysia government is Brown.They are not smarter than White.

    Like or Dislike: Thumb up 4 Thumb down 2
  • Not Toyota Fan on May 19, 2017 at 7:45 pm

    Someone onced said “Nobody can see where you live but everyone can see what you drive”. Perhaps that’s one reason why Malaysians are so enamoured over buying THAT dream car.

    Like or Dislike: Thumb up 1 Thumb down 0
  • YB Kunta Kinte on May 19, 2017 at 7:50 pm

    OMG. This means Proton would have only sold 5000 cars. Proton CEO said they only make RM500 per car sold. So, that would mean Proton made RM2.5 million last month.

    How to pay 12,000 workers with just RM2.5 million? Board of Directors alone need a few million per month for their remuneration.

    Like or Dislike: Thumb up 2 Thumb down 2
  • Samy Bulu on May 19, 2017 at 8:10 pm

    Good, no wonder these days i go office no increase in traffic… keep the sales data this way Malaysia!

    Like or Dislike: Thumb up 2 Thumb down 0
  • NoWorryBeJolly on May 19, 2017 at 9:00 pm

    the low sales figure is possibly due to hot weather in Malaysia. everyone stayed indoor to enjoy cold drinks instead of going showrooms.

    Like or Dislike: Thumb up 3 Thumb down 0
  • Albert on May 19, 2017 at 9:14 pm

    Can we carlovers exercise restraint n STOP BUYING new CARS for 30 days?
    I m sure your current car is still usable the next 30 days.For those who got loWer budgets,get preowned units.
    If there is no new car sales this 30days,I m dead sure NEXT MONTH,U GET VERY GOOD DEALS.
    WE control our buying decisions.Not impulsive buying controlling us.

    Like or Dislike: Thumb up 8 Thumb down 0
  • Talkok kunta on May 19, 2017 at 11:08 pm

    Up and down is normal.

    Like or Dislike: Thumb up 1 Thumb down 0
  • Henry on May 20, 2017 at 8:57 am

    Perhaps this month’s fire sales by several brands will push up the numbers.

    Like or Dislike: Thumb up 8 Thumb down 11
    • All waiting Raya promo. Not so soon.

      Like or Dislike: Thumb up 0 Thumb down 2
    • Kunta lielie kid on May 20, 2017 at 11:30 am

      Before Raya sales will pick up, after that jatuh lagi. New car during raya ada gaya

      Like or Dislike: Thumb up 2 Thumb down 0
    • Geeta Mo on May 20, 2017 at 7:28 pm

      All sales will down if anybody rubbish bin people’s feelings in the street. You want rich, than respect the poor. Money money money…….soon old, car throw you also throw.

      Like or Dislike: Thumb up 0 Thumb down 1
  • tokmoh. on May 20, 2017 at 10:28 am

    That’s more like it. Sales must drop to prevent govt say “See, car sales meletup, mana rakyat terjejas? Then no problem if increase petrol price, gst, remove subsidies bcuz rakyat now doing so well can buy Honda, bmw, merc like beli kangkung kat pasar.”

    Like or Dislike: Thumb up 3 Thumb down 0
  • Kancil Hybrid on May 20, 2017 at 10:59 am

    Keadaan ekonomi yg kukuh serta tukaran matawang RM berbanding USD yg tinggi yg diusahakan kerajaan memberi peluang kpd rakyat utk berjimat cermat dan tidak membeli kereta baru. Rakyat semakin bijak berbelanja.

    Like or Dislike: Thumb up 0 Thumb down 2
    • waimak on May 22, 2017 at 4:17 pm

      Angkat 2nd hand Toyota, Nissan dan Mazda. Bley impress awek & bakal mak mertua.

      Like or Dislike: Thumb up 1 Thumb down 0
  • old horse on May 20, 2017 at 4:47 pm

    only car that sales now..
    1) budget – perodua rules
    2) luxury – merc and bm rules
    3) mid – honda rules
    4) type – suv most.., hybrid and ev upcoming

    Protong fit nowhere..

    Like or Dislike: Thumb up 3 Thumb down 0
  • Semi-Value (Member) on May 22, 2017 at 9:06 am

    good news for consumers…

    Like or Dislike: Thumb up 5 Thumb down 0
  • Hujan Naik in Malaysia on May 22, 2017 at 3:07 pm

    Next month the sales figure will probably drop, becoz Puasa. Ppl lazy go out to showroom, unless car showrooms offer Gila-Gila Raya discount.

    Like or Dislike: Thumb up 0 Thumb down 0
 

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