September 2020 Malaysian vehicle sales up by 6.9%

September 2020 Malaysian vehicle sales up by 6.9%

The Malaysian Automotive Association (MAA) has released vehicle sales date for the month of September 2020, and the numbers are up following the slight dip in August. A total of 56,444 units were delivered last month, which was 3,644 units or 6.9% more than the 52,800 units sold in August.

The month’s sales were also better than the corresponding period last year, in which 44,666 units were shifted, making September 2020’s numbers higher than 2019’s by 11,778 units, or by 26.3%. However, in year-to-date numbers, the tally for the first nine months of 2020 is at 341,489 units, which is 101,496 units or 29.7% less than the 442,985 units managed in the same period last year.

Aside from the sales tax exemption in place until December, the association attributes the increase in September sales to on-going promotional campaigns by car companies as well as increased CKD vehicle production during the month.

For the month of October, the association expects sales volume to be lower than last month, with the flow of sales being impacted by the implementation of the two-week conditional movement control order (CMCO). It added that consumer sentiment will continue to remain cautious with the ending of the six-month loan moratorium at the end of September.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Selain dari compile data n tikam nombor tiv every year..apa lagi function maa ya…hahaha

    Like or Dislike: Thumb up 1 Thumb down 0
  • intermilan206 on Oct 20, 2020 at 3:11 pm

    That was unexpected but Y-on-Y is down by almost 30% which is disasterous for the industry particularly for small players.

    Like or Dislike: Thumb up 0 Thumb down 0
  • Sales up welldone on Oct 20, 2020 at 3:31 pm

    Major contribution by new City. Good buyer choice.

    Like or Dislike: Thumb up 0 Thumb down 7
    • Teehm on Oct 20, 2020 at 9:39 pm

      So if you said major contribution by new City then how come other b segment rivals can still outsell City? Time for you to change job.

      Like or Dislike: Thumb up 7 Thumb down 0
    • Amran on Oct 20, 2020 at 10:44 pm

      Data is for Sept, while new City launched last week (in Oct). Biaq betui! City deliveries went back in time like DeLorean?

      Like or Dislike: Thumb up 4 Thumb down 1
  • Civic Turbo 2018 on Oct 20, 2020 at 5:14 pm

    This one is good. But I still miss the Sales Summary by brands

    Like or Dislike: Thumb up 3 Thumb down 0
  • Truth on Oct 21, 2020 at 8:54 pm

    Q3 data by brand/model list possible?

    Like or Dislike: Thumb up 0 Thumb down 0
 

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