The Malaysian Automotive Association (MAA) has announced sales and production figures for the month of September 2018, which are lower compared to what was seen in August.

A total of 31,241 vehicles were delivered in September, which is 52% lower than 65,551 units recorded in August. Sales volume in September this year was also 23% or 9,715 units lower than the corresponding month in 2017.

The association attributed this significant decline to car companies depleting their stocks due to overwhelming demand during the zero-rated goods and services tax (GST) period.

Meanwhile, total industry volume (TIV) as of September 2018 stood at 454,971 units, representing a 7% increase from the 425,678 units accounted for during the same period last year.

Moving forward, the MAA expects sales results for October to not deviate too far from September’s figures because of customers’ adjustment to the reimplementation of the sales and services tax (SST) and order fulfillment following the tax holiday.