The Malaysian Automotive Association (MAA) has released vehicle sales data for the month of March 2020. The month saw only 22,478 units being shifted, a drop of 44% or 17,925 units less than the 40,403 units recorded in February.
The association said the massive drop in sales was due to businesses stopping from March 18 onwards following the implementation of the movement control order (MCO).
Year-on-year numbers for March were also lower than the corresponding period last year by 32,298 units, or 59% less, compared to the 54,776 units managed in March 2019.
For the month of April, the association said no sales were expected, with all showrooms across the country closed with the continuation of the MCO, which will run until May 12.
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Biasa la, boss. Toyota, Nissan, etc worldwide sales dropped. Even Airplane manufacturers are in the red.
On the same note in Mesia, small, medium, big, etc businesses oso having drop in sales and revenue. Some even had to close shop permanently, while staffs were unpaid, etc. HEck, my fav goreng pisang stall boss told me he’s giving up business due to poor sales.
All in all, household income dropped, uncertain or loss of job…….So, no one gonna buy new car. Except for “Makcik Kiah”.
MAA the primary automotive body in Malaysia should brainstorm & have measures to help soften impact of COVID-19 for auto industry here.
Car buyers, car sales reps, dealers, distributor, car franchisor & Carmakers all worried & need some guidance. MAA simply issue Monthly sales report, like nothing ever happened. Purely irresponsible! Appaling! Malas!! They work from home, rilek at home, masak kat rumah… NOW, who is the higher up in MAA. Fed u so long, U no longer relevant in Malaysia auto biz.
Lucky if we can move 300k this year.
Post MCO,if car sales can hit 30%,it will be the new norm for at least 6 more months.
Car buyers will think 10 times before committing to another lengthy 7-9 year loans.Few months down the road ,people might even be jobless,then you can see massive TARIK KERETA exercise by Bank repossesors.
Car distributors will need to come up with attractive super duper rebates,staggered instalment repayments,n tons of freebees to entice car byers who still want to change cars.
Gone are the days where UMW can impose super duper premium pricing with bare skeleton specs for their Toyotas.
Banks may even shorten the hp period to 5-6 years.No more “zero downpayment 100 % loan over 10years”.It will be a new norm,even if banks ask for 30% downpayment.
Banks may even ask for guarantors.
Things will never be the same again.
Gone? Maybe not for Toyota. They still employ bored salesman coming to PT and talk shit about their competitors all day long.
Honda Salesmen are always so bored. They got nothing to do, especially for MCO. Honda salesmen has done badly about their competitors such as P1, Toyota, Mazda, Hyundai, Nissan, BMW and Mercedes from last year till now for this website. Honda Sales are getting poor. Because of kosong specs for most Honda models with expensive spare parts and poor quality. Honda Salesmen always come here to talk shit on all sorts of nonsense without their brains and never read the articles too. And did you remember, one of the troll from Honda Salesmen bash 2000 downvotes for Toyota, P1 and 2000 likevotes for Honda.
Dude. The same shithead that bash P1 also supports Toyota lah. He practically works for them as I found out where his sales outlet is located.
The more the sales plummet ,the better will be for the environment and our safety .
We will enjoy better air quality less NO2 emission, less noise pollution , less parking problems , less road accidents , less personal or company repair bills and so on..
This is rather a good news indeed.
Bro…lesser new cars doesn’t mean lesser car on the road.
This MAA is the best job in the world. Paid millions, to use $15 calculator to add up car sales. If u know how to count %, then you’re qualified to do this job too… Anybody interested?
Why not offer yourself to do the job for free then?
Covid or no Covid, ppl still buying a car….
MCO only started 2nd half of March. Let’s see April figures for a real indicator of COVID 19 impact.
Expected as much. April sales will be near zero because of lockdown.
That is possible since no one can go out for unnecessary reasons.
April 2020 sales and production to be even worse. Only expect from June 2020 to show an upward trend.
Main reason for poor sales?
During MCO, polis tangkap ppl, with reason of visiting car showroom. Ini semua salah polis. hihihi
During MCO, people spend less. with the money saved, they are going to buy Honda Civic turbo. no worries, just a short period of sales drop.
no worries, money saved now. later mods up CTR
With JPJ and showrooms closed MAA will probably sent a mail to report zero sales.Looking forward Cmco opened 04 May but Jpj only on 18 May for all services. There might be some sales of 10-20% from essential services buyers not affected……