After a slow month in February, vehicle sales picked up considerably in March, with 54,776 vehicles delivered last month. This represented an increase of 14,938 units or 37.5% from that recorded in February.
Here’s a quick breakdown on how most brands performed last month. As denoted by the green arrows in the table below, every passenger car brand improved on their performance compared to what they achieved in February. In terms of percentage gains, here’s what it looked like for the top five – Perodua (+35.0%), Honda (+44.7%), Proton (+16.1%), Toyota (+25.8%) and Nissan (+85.0%).
Others in the top 10 also did well, including Mazda (+45.1%), Mitsubishi (+77.6%) and Isuzu (+71.7%). Elsewhere, strong performances from Volkswagen (+90.9%) and Hyundai (+115.4%), but percentage-wise, it was Renault that showed the best jump from February to March, with a 1,262.5% increase.
In the premium segment, leader Mercedes-Benz (+131.4%) had a strong showing last month, but there was plenty of cheer for every player listed in the segment, including BMW (+8.9%), Volvo (+47.9%) and Lexus (+62.9%).
Click on the chart below to view a larger version.
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AI-generated Summary ✨
Comments mainly focus on the comparison between local brands like Proton and Perodua versus international brands such as Toyota, Honda, BMW, and luxury brands like Volvo and Audi. Perodua consistently leads with strong sales, indicating affordability and consumer confidence in domestic brands during economic recovery. Proton's X70 is seen as significant but possibly cannibalizing sales from other Proton models, while some comments question whether Proton's profits benefit China or Malaysia. There is skepticism about the quality and reputation of Korean brands like Kia and Hyundai, with some claiming VW and Volvo are more premium. Economic sentiments are mixed: some express optimism about Malaysia’s recovery and Ringgit strengthening, while others criticize past mismanagement. Overall, the tone is a mix of pride in local brands, critique of foreign brands, and concern about economic and industry health.