May 2018 Malaysian vehicle sales are down by 9%

May 2018 Malaysian vehicle sales are down by 9%

The Malaysian Automotive Association (MAA) has released sales and production figures for the month of May 2018, with both being lower compared to what was achieved in April.

Last month saw 42,983 being registered, which is 4,106 units or 9% less than in April. According to the association, the dip in sales volume was due to the government’s announcement to set the goods and services tax (GST) rate at 0% in mid-May, which resulted in customers holding back on their purchase due to uncertainty.

Sales for the month of May 2018 were also down compared to the same month last year, a decrease of 7,611 units or 15% from the 50,594 units in May 2017. As for year-to-date figures, that stands at 225,212 units, which is 8,968 units or about 3.8% less than the same period last year.

For the month of June, the association expects sales to be much higher than in May due to customers taking advantage of the “tax holiday” combined with promotional campaigns and offers in conjunction with the Hari Raya festive season.

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Gerard Lye

Originating from the corporate world with a background in finance and economics, Gerard’s strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.

 

Comments

  • Mikey on Jun 20, 2018 at 4:11 pm

    Down by 9% is OK becos June to August sure increase more than that.

    Like or Dislike: Thumb up 0 Thumb down 5
    • Heng Lee on Jun 20, 2018 at 7:55 pm

      0% GST! TQ rakyat Power!

      Like or Dislike: Thumb up 8 Thumb down 2
    • Tajuddin Ohwai on Jun 20, 2018 at 8:03 pm

      Sales gone down because the people who balik kampung this time rented their luxury cars to show off

      The could not buy their luxury cars to show off in the kampung cause banks now follow new government ruling = lend based on merit. No more based on connections

      Like or Dislike: Thumb up 13 Thumb down 1
    • Tajuddin Ohwai on Jun 20, 2018 at 8:07 pm

      Proton sales are so bad now. Like 3000 lus cars per month. This year sure record 50,000

      But Proton fanboys say by 2020, sure to sell 200,000 cars.

      Like or Dislike: Thumb up 11 Thumb down 5
  • Jim Azizi on Jun 20, 2018 at 4:15 pm

    Drop 9% in May due to 9th May.

    Like or Dislike: Thumb up 13 Thumb down 2
    • John May 9 Nangis on Jun 20, 2018 at 5:01 pm

      This is spot on. Last time got lot of dedak. The dedak takers almost immediately splash on cars and getting mistresses.

      Now, you will see much lower car sales because a clean Government has come in and cleaning up all the dedak. So many kronies have lost contracts and lucrative overpaid jobs just to goyang kaki

      Infact 2nd hand dealer told me, after May 9th, so many cars have been tarik balik because many people have lost their dedak….oh wai

      Like or Dislike: Thumb up 21 Thumb down 5
      • budin on Jun 20, 2018 at 7:12 pm

        many got burned real bad in parti keramat linked shares too

        Like or Dislike: Thumb up 10 Thumb down 3
      • Tajuddin Ohwai on Jun 20, 2018 at 8:11 pm

        not only that, our regular cybertroopers also now jump boat and attacking Proton Last time sapot Proton kaw kaw….oh wai

        Like or Dislike: Thumb up 7 Thumb down 1
  • Ben Yap on Jun 20, 2018 at 4:53 pm

    once the honda accord turbo is being launch, it will catapult our vehicle sales by another 200%.

    Like or Dislike: Thumb up 1 Thumb down 12
  • SALang on Jun 20, 2018 at 5:04 pm

    There is still so many buyer even thought there is Tax Holiday in the coming month..
    These buyers are so desperate to have the car and can’t wait a bit longer..

    Like or Dislike: Thumb up 4 Thumb down 1
  • Same L0rr on Jun 20, 2018 at 7:05 pm

    Proton sales down too?? Haha

    Like or Dislike: Thumb up 5 Thumb down 1
    • taknaktoyota on Jun 21, 2018 at 8:50 am

      Meanwhile noone wants to buy vios altis camry
      Two words : Tak laku!

      Like or Dislike: Thumb up 5 Thumb down 1
  • Shirley on Jun 20, 2018 at 7:15 pm

    Less New car sales is better actually, hooray !

    At least less traffic jam in the making due to less Malaysian and japanese junk new car sales .

    Everyone is tired of traffic jam caused by increasing new car sales At least a breathe to avoid traffic congestion and new car accidents.

    Like or Dislike: Thumb up 8 Thumb down 0
    • lilytan on Jun 21, 2018 at 11:01 am

      Many sold their cars, take public transports and grabcar. In my bangsar neighborhood

      Like or Dislike: Thumb up 4 Thumb down 1
  • Cik Mina Manja on Jun 21, 2018 at 7:38 pm

    Buy, buy, buy more cars…..And hutang bank oso increase. Dare to dream…and buy a Honda.

    Like or Dislike: Thumb up 0 Thumb down 0
  • Jackie on Jun 22, 2018 at 1:42 pm

    Car prices with 0 tax is only applicable for cars delivered before september (sst start date).
    been to few show rooms, order queue is huge & very unfair when even if you book, car deliver to you after august, you kena sst
    tax holiday for cars only for those who can manage to get your car before september lo

    Like or Dislike: Thumb up 0 Thumb down 0
 

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