Car sales down in April 2006

Posted in Cars, Local News / By /

Passanger car sales for April 2006 fell 7% from 32,926 units the same time period last year to 30,610 units this year. The Malaysian Automotive Association (MAA) said this was due to rising interest rates for hire purchase loans, uncertainty on the direction of new car prices and postponement of new car purchases due to low used car value.

Out of the total amount, national car sales were 23,326 units, a 5.4% drop from last year and non-national car sales were 7,284 units, a 10.37% drop. The new cars launched this month should boost sales a bit for June 2006.

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Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • Initial D (Member) on May 22, 2006 at 9:20 pm

    well, its normal………cant expect the sales to keep going up…….it has to tumble down too…hehehe…..

    Cheers!!!!!!

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  • raybrig85 (Member) on May 22, 2006 at 9:24 pm

    yup…agree with u…

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  • babybalrog (Member) on May 22, 2006 at 9:59 pm

    aiya.. malaysia government tax so high car sales when down is normal la… econ not good, interest still when up hu so rich wor!! malaysian not always boleh de o~~

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  • KY (Member) on May 22, 2006 at 10:06 pm

    Well, with the price increase of pretty much everything else, starting with the petrol. It's no surprise everyone is left with less money to get a new car.

    No brainer here.

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  • catborg (Member) on May 22, 2006 at 10:38 pm

    petrol increase..

    bank interest rise up too..

    what else? .. even the car cheaper a bit.. but that's mean nothing..

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  • whodz (Member) on May 22, 2006 at 10:48 pm

    new electrical tariff..(increase)

    new water tarif..(increase)

    Even sales of sayur kobis is now dropped..(my favorite).

    yee, i agreed with catborg, even price go down, but many little thing going up and what most important is our salary is not increasing…no bonus..halawei..sadla camni.

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  • motorhead (Member) on May 22, 2006 at 11:15 pm

    No significant change in NAP.. what they expect??.. They think we are stupid ehh?.. everyday interest increased!!!.. stupid la… now i have to pay more for house loan.. where to find money to buy cars??

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  • kendo (Member) on May 23, 2006 at 2:41 am

    heard 5000 booking done

    for naza Sutera junks,

    how MISERABLE

    are the rakytas here!!

    deprive of choices and buying power!!

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  • kendo (Member) on May 23, 2006 at 2:42 am

    WITHHOLD

    u buying!

    let them DROP somemore…

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  • juney (Member) on May 23, 2006 at 6:29 am

    Slow market make us Suffer :/

    Sales really Drop like Crazy =_=

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  • cybermask (Member) on Jun 07, 2006 at 4:20 am

    malaysia always like that, lower down something, then increase the other, makes no difference to us and then tell us that they have reduced price for the people. always manipulate on many things!!! how to buy like this?

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