After a quiet June, car sales in the country picked up again last month. Data from the Malaysian Automotive Association (MAA) revealed that 50,853 vehicles were sold in July, 8,327 units – or 19.5% – more than the 42,526 units that were managed in June, aided by a longer working month.
On a year-on-year basis, however, the July figures are 25.7% lower compared to the same period last year, in which 68,466 units were shifted, a difference of 17,613 units. The strong performance in July 2018 can be explained by the zero-rating of the goods and services tax (GST), which saw a dramatic spike in car sales during the three-month tax-free period.
The year-to-date numbers of 347,187 units up to July is also slightly behind that of 358,065 units recorded in the corresponding period last year.
The association said the outlook for August should see sales volume at the same level as it was in July. The year-on-year numbers is expected to be lower than that of August 2018, which was the last month of the “tax holiday.”
Who prepared the report? 2019 goes before 2018‽
If you read according to the column, 2019 sales goes down actually
19.5% increase compared to June 2019.
TQ reminder. cuz last July2018, Zero% GSt sale
My understanding is Jun 2019 vs July 2019 sales
Picking on the choice of words they used. The gist;
Increase of sales from June.
Decrease overall y-o-y sales & production.
Decrease overall y-t-d.
Ekonomi gawat. Raya car buying frenzy continued.
Those 19% come from P1?
all come from P1. Persona, iriz, exora & saga FL,
Last month got increase because many wanted to show new car to Opah when they balik kampung. They wanted to show they have made it in Bandar and already kaya.
After few months, as with every year, so many kena tarik balik or sambung bayar.
Jealous much? Go back and ride your kapcai
This group of people always buy Estima, Vellfire etc. Why none buy Proton to show off?
Yup. So many CNY bought cars are under repossession currently. Everyday so busy to tarik kereta ah bengs and towkays. No time to talk, have to go tarik an Alphard at Sekinchan.
Alphard Sekinchan itu Jamal redshirt punya.
Just came back. Boy you should see,
Face like ah beng.
Wear like ah beng.
Talk like ah beng.
Curse like ah beng.
Threaten like ah beng.
It must be Jamal’s long lost twin raised as an ah beng.
Predict vehicle sales data in July 2019:-
1) Perodua 18400 units
2) Proton 8700 units (actual: 8590 units)
3) Honda 7200 units
4) Toyota 5800 units
5) Nissan 2400 units