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.