Figures released by the Malaysian Automotive Association (MAA) show that a total of 50,275 vehicles were sold in Malaysia in June 2017. This is 0.6% or 325 units lower than the number of cars sold in May 2017. It is also 12% or 7,087 units lower than the same month in 2016, largely due to a short working month with the Hari Raya holidays.

This set of figures also show us the industry’s report card at the halfway point of 2017. With six months gone, the total industry volume (TIV) is 3% higher than in the first half of 2016 – with 284,461 versus 275,483 units. MAA’s TIV forecast for 2017 is flat growth of 1.7% to 590,000 units, so things are very much on track if the momentum is maintained in the second half.

The automotive club expects sales in July to hover around June levels, with delays in the vehicle registration process due to uncertainties arising from the liberalisation of motor insurance expected to have an effect.