The Malaysian Automotive Association (MAA) has released production and sales figures for the month of February 2017, and last month was a slow one for the local car market, with sales volume declining 5% (2,212 units) over January, which itself was 31% down compared to the year end rush of December 2016.
According to MAA’s notes that accompany the figures, the auto industry club says that the lower figures was due to February being a short working month. Market conditions, which aren’t the most rosy now, remain unchanged. However, both year-on-year and year-to-date figures are up by around 4,500 units, compared to in 2016.
MAA predicts that sales volume will rise in March, as this is a longer month compared to February. There’s also a continuation of attractive offers by car companies. Non-national market leader Honda has started 2017 on full throttle, launching the BR-V seven-seater in the first week of the year, followed by the facelifted City earlier this month. Overall market leader Perodua launched the Axia facelift in January.
Looking to sell your car? Sell it with Carro.
Hello MAA, pls don’t encourage our people buy car and get themselves in debt can or not? Rakyat has suffered a lot already. Pls focus on international markets, export our production outputs
If every car lover stop buying new cars for 6 months…….before Christmas…..one can expect rm10-20k rebates from Protong.UMW,another discount king now…rm7-15K rebates.Even Honda Malaysia have to give discounts.
Now,the trick now is Raya rebates.I know of a lady getting ready for Raya,,,gaji rm2k….but taking 9 yr loan tolak gaji rm700 monthly.
U mean this lady have no other expenses,besides the car?
No wonder after raya,or CNY….the car repossesors got very good business,to tarik keta.
Most of the first timer bankrupts are cos of defaulting car loans.
Remember,when the buying of new cars stop,prices will drop.
kami pemegang lesen import (AP)juga bimbang dengan penjualan kereta import yang semakin berkurangan. mungkin terpaksa tutup kedai sekiranya keadaan ini berterusan untuk tempoh 2 tahun akan datang.
Those maimaa organizations beside knowing monthly reporting longer working day-month or shorter working day-month, I don’t seeing any contribution (planned project result with evidence) that *direct benefit 30millions malaysian.
Msian make up of > 99% stupid slave. Their bloody hard earn salary been rob also don’t know. Why… i’m telling u the truth because every car buyer pay tax/duty but with NO* authority to know how much been paid. Tax/duty of a car is not about rm1 that cost a roti canai, its about 1/2 of a OTR car price, that cost from smallest p1p2 from rm10k to million of ringgit foa a xar purchase. Well know fact that maimaa organizations have the authority to correct it but zero contribution. Having black & white promise by BN which planned to reduce car price by 30%, also cannot make it a success. Beside having nasi lemak teh tarik, only reporting SPM level monthly report/ or come out SPM level automotive project EV etc…
Boring. Same fake story as usual. Copy and paste
Gov dun care. They have public transport ongoing. Therefore will keep the price high no matter how bad it goes. Saves environment too.
How to believe a second hand car dealer sales man talk. Dont buy new, buy from you meh?
Longer or shorter months, today people are forking money to buy rice instead of cars. 2nd, the banks are tightening their rules to the uprising risk of economic uncertainties. It is not only on the automotive, other sector also affected such as properties since it is a big ticket item.
Less cars means less chances for pipu to drive on wrong side of road
bro, maybe u only mean to joke. but there are victims and 1 poor man sacrificed…. let’s pray for his soul.
Browsing through PT’s website, one has the tendency or urge to get a new car. The temptations are there but it’s rather foolish to buy a new car simply to show off or keep up with the latest trend. So, fellow Malaysians,refrain from getting a new one unless necessary, get a good-conditioned used one instead. At the end of the day, you won’t feel the same burden be it mentally or financially..
That is the most sensible & good advice my friend. TQVM
So much higher sales than Feb 2016.
Msian. Complain 20sen fuel price increase, go buy more Honda, BMW, Merc, iphone, starbucks.
Tax the rich
It is definitely a big improvement since we have comparisons of monthly sales figures with previous year.
And it would be nice to have a chart for sales figures over the years with a breakdown by months.
it’s not about short or long working month. Cars sales decline because of poor economy. gaya more important or food more important?
Means MY pipu r now more sensible than be saddled by unrealistic debts? Thats a win.
Next time, MAA will says that car sales is slow also due to:
Chinese Ghost festival: becoz got alot of hantu coming out, ppl scared to go out.
School holiday: Father mother busy accompanying kiddies during school break.
BR1M: Govt haven’t bank in money to account holders
SPM Result Anouncement: Father mother no mood to go showroom becoz worried about kids poor result.
On-Going SPM Exam: Father mother want to stay home making sure kids studying.
Launch of new Iphone: Ppl bought Iphone instead, so more money for downpayment of new car.
New season Akademi Fantasia: ppl glued to TV, so time to go showroom.
ASTRO subscription: Ppl syoik watching TV, so no time to go showroom.
Unifi / Streamyx: Ppl pissed becoz slow download speed. So no mood going showroom.
Petrol price go up (again): Ppl no mood to visit showroom. Due to domino effect, foodstuff oso become expensive and made lesser ppl visiting showroom.
Toll fare hike (again): Ppl fed-up, becoming moody so donwan go showroom.
Inland Revenue Dept: Everybody busy filling the AE form for taxing. No time to visit showroom.
New Transformer movie: Ppl busy going cinema, so no time to visit showroom.
Many many more to come….
Rainy season- hamper ppl from visit showroom
My only hope is that our economy improves by leaps and bounds, we become a rich country, affording basic necessities is not an issue and have some change to spare so buying a decent car is accessible to everyone.
If complain everyday left right front left nothing will change if we, the people do not change ourselves.
We all know what to DO and the only way to get it DONE is by DOING IT.
Have an awesome day all….
The MAA always uses the number of months as an excuse to indicate weak performance in car sales. They should either do an annual change, and if that is too volatile then perhaps adjust the sales volume by seasonality and working day. This way, we will be able to see more clearly the actual landscape of our automotive industry.