The Malaysian Automotive Association (MAA) has released sales and production figures for the month of December 2018, with the former registering a slight decline from what was reported in November.
A total of 48,188 vehicles were delivered in December, which is 0.2% or 94 units less than November’s figure of 48,282 vehicles. However, the sales figure for December 2018 is down 12% or 6,531 units when compared to the corresponding month (54,719 units) in 2017.
According to the association, the lower sales figure was mainly due to much of the demand being concluded during the three-month zero-rated goods and services tax (GST) period. Additionally, it adds the backlog of pricing approval from the government has resulted in the delay of new model launches (with official pricing).
Meanwhile, the total industry volume (TIV) for 2018 topped at 598,714 vehicles, exceeding last year’s figure of 576,652 units by 4% (rounded up from 3.83%) or 22,089 units.
For the month of January 2019, the association expects this downward trend to continue, with the same reasons as mentioned above, with the addition of consumers remaining cautious in their purchasing decisions.
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Bad economy. But total industry volume (TIV) 2018, exceeding 2017 figure by 4%.
Ambik full loan 9 years, ada kah aku kesah. Gaya mesti ada. Tiap hari makan lunch nasi kosong campur kuah kari, tak apa. Gaya mesti ada. Tak cukup duit bayar yuran sekolah anak, tak apa. Gaya mesti ada.
Habislah! Everyone was holding their purchase to wait for X70 arrival middle Dec!
We will see the true figures by MAA next month. Lets see whether Proton’s 15,000 bookings is actually the truth.
Proton did the same thing for Iriz also. Said bookings was 12 months long, but later, Tun M, the then chairman of Proton had to admit it was a lie few months later
Terima kasih kerajaan PH , amik Honda CRV baru jimat tax holiday Rm11K. Syukurr ade PH..
Do Malaysia really need those nonsense G price approval? Price is determine by the seller right? Cost factored + profit = the price.
What do u expect from a G that wanna have auto pet project?
Gomen need to protek Proton. Cause Proton, DRB are all GLC
The Government Approves the applied Local Content
The Higher the local Content the lower the excise duty.
But now the government does not want to simply approved what manufactures applied, because some of them deceived by only declaring but not doing actual localization with minimum 30% local content and must be done by vendors with manufacturing license.
Company like Honta now in hot soup.
30% local parts requirement was removed during Najib era, this help to lower the cost of CKD which reduces car prices. Now we back to Stone Age 30% local parts content, can foresee car prices shooting back up again.
Local content:
Tyre, Battery, Rim caps
Battery? Sorry, there is no more OEM local car battery maker anymore. Go find ur 30% local content fill elsewhere.
Proton?
16.1% sales up. And?