July sales: Industry at highest point this year

Vehicle sales were at it’s highest point this year in July 2007, hitting 44,926 units (41,015 passenger, 3,911 commercial) – a figure 2.6% higher than June and a 9.6% improvement over the same month in 2006. MAA credited these improvements to higher civil servant income, new model introduction, improved market sentiments and better consumer confidence. However, vehicle sales for the year to date was still 9.1% lower at 265,665 units compared to 292,330 units during the same 7 month period in 2006.

August sales is exepcted to stay around July’s level, but some industry analysts expect it to continue on an upward trend from August onwards thanks to the Proton Persona as well as Merdeka and year-end promotions from other manufacturers.

Source

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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

  • kody (Member) on Aug 23, 2007 at 12:44 pm

    wahlaueh…

    can it be so good???
    highest point of sale… we gain nothing….
    currently at US, California , Newark, read a free used car magazine, 2006 mazda 6s 3.0l usd16.5k only… 2006 honda accord ex usd18.995k… 2004 bmw z4 roadster usd 29.95k only….
    if our car price can achieve like this it will be good…

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  • mr_em (Member) on Aug 23, 2007 at 1:00 pm

    no wonder traffic jam getting worse in KL…. everyone wants to sell more cars, cars, cars….

    Malaysian roads not getting any bigger… and
    cars are not recycled like in Japan….
    also new and used car prices are artificially high…..

    someone is screwing up the policy making side of things here…. in order to become the ‘fat cats’ of the country….. sorry, what policy? do we actually have a good policy here?

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  • azrai (Member) on Aug 23, 2007 at 1:46 pm

    October sales will be higher. Everyone especially public servants will surely change new car for the Hari Raya. I heard the new VIoS is coming to our shore in that time.

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  • szw (Member) on Aug 23, 2007 at 1:51 pm

    bright future .

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  • e-nabilll (Member) on Aug 23, 2007 at 2:52 pm

    jus wondering…wil this increase screws up the 2nd hand car market even more or it wil hav an oposit effect……

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  • kevyeoh (Member) on Aug 23, 2007 at 3:59 pm

    dang… i tot can continue free fall for the low sales…then in the end…car price drop somemore and we can get cheaper cars…

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  • BigFish (Member) on Aug 23, 2007 at 6:23 pm

    When sales up, quickly put into news due to new models, bla, bla, ……

    When sales down blame the shorter working day (Feb 07, CNY), bank reluctant to approved HP, no new models, also bla, bla, bla, bla ……….

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  • mystvearn (Member) on Aug 23, 2007 at 8:32 pm

    8k+ personas selling and numbers keep rising

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  • mzfnd (Member) on Aug 25, 2007 at 1:04 pm

    Too much cars on the road is a problem. Too much kapchais on the road is a problem. Too much buses, too much lorries… what to do, what to do?

    Care taking a breeze on a bicycle under a hot Malaysian sun?

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  • BanyakMasukWorkshop (Member) on Aug 27, 2007 at 11:23 am

    too many cars on the road will forever be a problem that wont go away.

    what we need is better town/road planning, zoning, and improve on public transport infra.

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  • LeManS (Member) on Aug 27, 2007 at 8:48 pm

    if this continue this country will be New Zealand not the sheep more than people but CAR more than people

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