July 2016 Malaysia sales data

The Malaysian Automotive Association (MAA) has revealed production and sales figures for the month of July 2016, and it appears that the market has experienced a significant dip compared to what was seen in the months of June and May.

According to the association’s data, 37,647 passenger vehicles and 4,824 commercial vehicles were sold last month, amounting to 42,471 units – which is 16,206 units, or 28% down from the same month last year. Both passenger and commercial vehicle registrations saw significant declines, with the former down by 14,989 units compared to July 2015.

As for month-on-month sales, last month’s volume was 14,887 units, or 26% lower compared to June 2016. The association lists the shorter working month due to the Hari Raya festive holidays and the lower demand following the end of the festivities as reasons behind the drop. Moving on, year-to-date sales figure up until July 2016 stands at 317,930 units, which is 63,001 units lower than the similar corresponding period in 2015, a drop of 16.5%.

In terms of production, 39,097 units – 34,944 passenger vehicles and 4,153 commercial vehicles – rolled off assembly lines last month, 1,558 units, or 4% less than the same month last year. Compared to the month prior (June 2016), July saw 1,201 less units made, or about a 3% drop. Year-to-date production meanwhile, amounted to 302,060 units, a 66,259 units, or 18% drop compared to the same period in 2015.

For the month of August, the association is expecting a rebound into the green due to a longer working month, as well as new models that were recently introduced. Among them include the Perodua Bezza and Toyota Sienta.

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