June 2016 sales

The Malaysian Automotive Association (MAA) has released production and sales figures for the month of June 2016, and it looks like the automotive industry is finally back to the healthy levels seen this time last year, after a fairly disappointing first half of the year so far.

Carmakers sold a cumulative 50,981 passenger vehicles and 6,377 commercial vehicles last month, putting the total sales figure at 57,358 units – while that is still down on the same month last year, it’s only by a scant 78 units, or 0.1%. In actual fact, last month saw more passenger vehicle registrations than in June 2015 (50,694 units), with only commercial vehicle sales (versus 6,742 units in June 2015) letting the side down.

It’s unsurprising, then, that last month’s sales far outstripped those in May, recording a stunning 29.5% jump – translating to an increase of 13,175 units. However, because of the poor sales figures from the first five months of the year, 2016’s year-to-date sales figure amounted to just 279,459 units, languishing some 13.28% behind last year’s 322,254 units.

The MAA attributed the impressive performance on the the carmakers’ Raya promotions, aggressive sales and marketing campaigns and the launch of new models – most notably the new Honda Civic. It adds that this month’s performance is expected to be lower than in June, due to the end of pent-up demand and a shorter working month as a result of the Hari Raya holidays.