maa-production-sales-august

The Malaysian Automotive Association (MAA) has released sales and production figures for the month of August 2016, and it appears that the downward trend from last month has been stemmed.

Sales-wise, a total of 52,312 units were sold in August, comprising 46,223 passenger vehicles and 6,089 commercial vehicles. Compared to the same time last year, sales figures also trailed behind, though by a smaller margin – August 2015 charted 53,459 total sales, comprising 47,309 passenger vehicles and 6,150 commercial vehicles, a margin of 1,086 passenger vehicles and 61 commercial vehicles.

August 2016 recorded a 23.2% or 9,841-unit increase in sales volume. The rebound in performance for August was attributed to a longer working month, as well as new model launches which took place recently. According to the MAA, total industry volume for year-to-date August 2016 measured 14.8% lower than the corresponding period in 2015.

Meanwhile, 39,987 passenger vehicles and 3,465 commercial vehicles were produced last month, for a total of 43,452 units in the month of August. Compared to the same month last year, total vehicle production was down 5,883 units across the board, as both passenger and commercial vehicle output took a dip.

Year-to-date production for August this year stands at 345,512, which still lags behind the 417,654 units produced by August 2015 year-to-date. The production breakdown for August 2016 YTD stands at 315,940 passenger vehicles and 29,572 commercial vehicles, compared to 384,605 passenger vehicles and 33,049 commercial vehicles for August 2015 YTD.