It’s to no one’s surprise that car sales plunged in September, following the end of the tax holiday. However, it’s not so much because prices are up (vs 0% GST), but because the unprecedented tax holiday has depleted the stocks of most car companies, who weren’t prepared for the frenzy.
Data from the Malaysian Automotive Association (MAA) showed that a total of 31,241 vehicles were delivered in September, which is 52% lower than the 65,551 units recorded in August. Year-on-year, September sales were 23% or 9,715 units lower than the corresponding month in 2017.
Meanwhile, total industry volume as of September 2018 is 454,971 units, 7% more than the 425,678 units from the first nine months of last year.
As you can see from the breakdown by brand chart below, it’s a sea or red, and every brand of note recorded declines in September. Nothing much to look at, just a massive hangover from the sales frenzy and a quiet month with not many cars to shift. Certain brands have maintained sticker prices in the sales tax era to further clear stocks.
Will we be seeing a recovery to end the year strong or will auto sales stagger its way to 2019? Upcoming new model launches include the debut of the Toyota Rush seven-seater, Mercedes-Benz A-Class and Proton X70.
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Those who wanted to buy would have bought during the tax holiday period from Jun-Aug. For the popular brands/models the distributors sold out during the aforesaid period. There is a lead time for new orders to the manufacturers.
So it is a combination of poor sales and stock unavailability.
Sad sept result as expected for all brands
Excuses, excuses. How about the convenient Rakyat got no money becuz the kerajaan now is zalim explanation that was peddled previously?
Audi at the bottom oh, wat the sel person makan?? Total 150 cars sold YTD
Sel person makan angin ..
Proud Audi. so shy
since everyone buy car already, surely sales will go down. with 3rd national car, it will be the first to plunge.
MINI in green’
Me contribute 1 Countryman :))
Why bought a lemon car?
I Predict:-
Perodua 8435 units; actual 9471 units
Honda 4998 units; actual 4964 units
Proton 4524 units (confirmed)
Toyota 4061 units; 3015 units
Nissan 1562 units; 2003 units
So those thumbs down at previous post too support on Perodua and Toyota???
We shall see next year.
I comment on September sales, not next year sales.
Those thumbs down my prediction don’t know about quantitative analysis.
Bro.. Give me 4d good number..
Collect previous data, used quantitative analysis. U also can predict 4D good numbers.
audi, jaguar, land rover. kolos shop.
but for jaguar 35 units cars sold can mean rm3.5 million earning just from sales alone.
Volvo with alll new models and old Lexus models koyak sekali.
Lexus with all its New and Old Models , Lexus is seen MORE KOYAK with sales dropping as much as 80% than Mercedes Sales
Even New and Old models Mercedes sales is also KOYAK with sales seen dropping as much as 61%
Incidentally , New and Old Volvo Models sales are much better than New and Old Lexus models by as much 59%.
New and Old Lexus models sales drop by 80%
Mercedes sales drop by 61%
Volvo sales drop by 59%
The most KOYAK sales is New and Old Lexus Models compare to the rest.
Proud Lexus but so Shy to the aboves
Merz one month sales is Volvo and Lexus 15 months sales. Merz is still top selling in Malaysia in premium category. Volvo and Lexus is mid premium category.
In Europe Mercedes is use as Taxi
It’s image is even worst than other whatever full or mid premium category .
Mercedes is like Malaysia Protin Saga image there . There is nothing to shout about Mercedes .
.period.
Go ride your cycle with a carriage in glenmarie
Dont buy Toyota Rush, wait few more months for Nissan Note e-Power.
Don’t buy Honda Jazz. Wait few more months for Nissan Note e-Power
Is Nissan Note E-Power anything good to wait for?
I am talking about low quality Nissan cars nowadays
All Perodua and Toyota fans quiet already?
LOL it’s a sea of red.. where is our beloved ministers now with their comments that they have succeeded in spurring consumption?
Busy tying up with cronies for Perotiga project.
22,000 myvi effect perodua sales
They cancel the booking already because of bad service center.
Shandong Kama? What is that? Karmic groundnuts?