The Malaysian Automotive Association (MAA) has announced sales and production figures for the month of October 2018, in which things picked up after a soft month in September following the end of the three-month zero-rated goods and services tax (GST) period.

A total of 42,273 vehicles were delivered in October, which was a 35.31% increase (mistakenly listed as 51% by MAA in its press release) over the 31,241 units recorded in September. The sales volume for October this year was also 0.5% or 232 units higher than the corresponding month in 2017.

The association attributed the increase in sales volume to the availability of fresh stock, these having being replenished after being depleted at the end of the zero-GST period due to overwhelming demand.

Meanwhile, the total industry volume (TIV) as of October 2018 stood at 502,244 units, a 6.25% increase from the 472,719 units registered during the same period last year. The association said that it expects the sales volume for November to be slightly better than October, aided by new model launches and aggressive year-end promotional campaigns.