The Malaysian Automotive Association (MAA) has released vehicle sales data for the month of April 2020. With the movement control order (MCO) in force, all new vehicular activity was at a complete stop last month. Well, almost, because as it turns out, there were still a handful of registrations despite the Covid-19 outbreak.
When we mean a handful, we mean a handful. The month saw only 141 units being recorded, a drop of 22,337 units or a 99.37% decrease from the 22,478 units in March, which was already 44% lower than the February total. As a result of that, the year-to-date total industry volume (TIV) stood at 106,601 units, significantly behind to the 192,971 units recorded for the corresponding period last year.
Of the total, 131 were passenger vehicle registrations, while 10 were commercial registrations. As to why there were even registrations in April, given that the road transport department (JPJ) was closed for the duration, we were told by industry sources that it remained possible to register a car online during the lock-down, but the cars would not have road tax and full documentation, or be able to be collected.
The sources said that in these instances, the registrations were for vehicle purchases in which car loans had already been approved pre-MCO and a Letter of Undertaking (LoU) had already been issued, and the completion of the registration was so there would be no lapse in the agreement, which would entail needing to go through the whole process again.
The association expects the sales volume in May to be much higher than in April, but much lower than the traditional number of monthly registrations prior to the MCO. It said that automotive showroom traffic is anticipated to remain slow, and with banks being more stringent in approving hire purchase loans as well as reducing the hire purchase loan quantum, it’s not going to be smooth sailing.
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This showed how effective is our MCO, now our cases are continually on a downward trend. This unlike poorly done MCO in USA or Britain or half hearted called Circuit break-something that made cases spike instead. Now we have saved Malaysia from a devastating 2nd wave, it is time to reopen Malaysia for business with equally Game Changing countries like Korea and HK. Well done our Gomen!
2nd wave in kampung now called Raya cluster.
Too many minorities sneaking back to their new villages causing 2nd wave. Ini semua salah mereka.
I hope our abang-abang & kakak-kakak polis find these Ah Bengs causing 2nd wave by attempting to go back their villages. Show them no mercy!!!
No balik kampung takpe. Can enjoy family time at the beach. This is the sacrifice from our majority to save all the rakyat. I hope our minorities will be more appreciative of us.
Japanese cars continue to lead the market. Buy a toyota and and honda will not be wrong. Mazda is another good japanese car. Hyundai and Kia are improving and soon will be on par with Japanese. Chinese and local made will takes many many years to catch up even a Korean.
Majority #DudukRumah but Ahbengs still want to Raya becoz they can’t stand #StayAtHome. So they #BuatBodoh and #TakTauBahasa when got caught.
2nd cluster happening in Immigration detention center. Cukur Raya folks still safe….
Quick thinking authorities who think like business would quickly slash duties to create a ‘fire sale’. In the hope that some sales would in turn create some duties to collect revenue but most government agencies merely wait instructions from above.
PRoton sales are so bad, how they going to get money t pay their overbloated 12,000 workers? Mitsubishi in Thialand only got 6000 workers but produce per annum 350,000 cars.
Our Proton got 12,000 workers but produce about 60,000 cars.
Geely also boring want to pay these workers from the coffers of China since now Geely also badly hit by low sales in China
“Mitsubishi in Thialand only got 6000 workers but produce per annum 350,000 cars.”
The other workers are working in less well paid jobs at automotive suppliers.
Aprila has traditionally no production at all, only assembling. Why Honda, Yamaha etc. need so much more workers than Aprilia?
Still remember Saga Aeroback all along KESAS and sold at RM10k circa 1998. The history repeat itself.
Not a time to get into a LIABILITY. Buy only essentials
MAA just do nothing but report on figures. MAA should find a solution to help car sales and car manufacturers. Aishah and gang just do nothing in office but tabulate figures which a Form 5 student can do.
MAA should just close down.
its time to close down perodua @ buruk-dua
MAA staffs cari makan by jual buih and air liur.
Makes lots of “feel-good” statement to rakyat year in-out.
Sometimes kelentong to spice-up about MOU/MOA which at the end, habuk pun tarak.
Other time on their own, they super-syiok-sendiri (SSS).
Ultimate makan gaji buta in Malaysia.
In a market nearly 100 percent down you’re talking about winners and losers? Is this a joke?
The few cars that have been registered were apparently ordered before covid-19.
I hope people in Malaysia will take this opportunity to boycotts vehicle purchases in Malaysia till the prices dropped to reasonable level. Must show people’s power in to get the price they afford and should be