March 2021 Malaysian vehicle sales increase by 49.3%

March 2021 Malaysian vehicle sales increase by 49.3%

The Malaysian Automotive Association (MAA) has released vehicle sales date for the month of March 2021. According to the statistics, a total of 63,878 units were delivered last month, which was 21,094 units (or 49.3%) more than the 42,784 units managed in February.

Last month’s sales volume was nearly 201% higher than the corresponding period last year, with an increase of 42,636 units over the 21,242 units managed in March 2020, where the introduction of the movement control order (MCO) had a severe impact on sales for that month. As a result, the total industry volume (TIV) as of the first three months is now ahead of that in 2020 by 34,246 units (or 32.5%).

The association attributed the improvement in sales last month to a number of factors, including the introduction of new models as well as from the rush of deliveries by companies having their fiscal year ending March 31.

The association is projecting the sales volume in April to be maintained at March levels, aided by ongoing aggressive promotional campaigns by car companies and the SST exemption that is in place until June 30.

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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

  • Rakyat Malaysia on Apr 21, 2021 at 4:21 pm

    Tahniah Malaysia! We got thru economic hardship from covid and now we can spend again. Let’s keep the economy running!

    Like or Dislike: Thumb up 18 Thumb down 3
    • Sick & Tired on Apr 21, 2021 at 6:33 pm

      Syukur sangat la. KWSP i-Sinar withdrawal gives positive immediate impact to keep economy running strong! Bankrap incoming

      Like or Dislike: Thumb up 7 Thumb down 3
      • Angry Voters on Apr 22, 2021 at 12:36 am

        Syukur we got the extra incentives to kickstart our economy again. Money makes money after all and money can be find anytime.

        Like or Dislike: Thumb up 3 Thumb down 3
        • coffee man on Apr 22, 2021 at 3:57 pm

          yes can find anytime. just look under your table.

          Like or Dislike: Thumb up 3 Thumb down 1
          • Amran on Apr 22, 2021 at 7:13 pm

            Under table, in the poket, in the bank, in the wallet, in the tabung. Money is everywhere as long one works hard, pay their taxes, and stop grumbling.

            Like or Dislike: Thumb up 1 Thumb down 3
          • teh tarik on Apr 22, 2021 at 8:33 pm

            Can see that money is everywhere? Mata duitan la tu

            Like or Dislike: Thumb up 2 Thumb down 0
          • AJibkor on Apr 23, 2021 at 1:07 pm

            Cash is King, still.

            Like or Dislike: Thumb up 0 Thumb down 0
    • R J Loo on Apr 22, 2021 at 12:47 pm

      Syukur sangat la. KWSP i-Sinar withdrawal gives positive immediate impact to keep strong sales of my special BerukDua package! Bankrap incoming, while i am waiting for another luxury car arrived in my porch. Kam sia to my Berukdua cheap car sales.

      Like or Dislike: Thumb up 1 Thumb down 2
  • ccris on Apr 21, 2021 at 6:22 pm

    Watch out for the repo man…

    Like or Dislike: Thumb up 4 Thumb down 0
  • Economy letupLetup on Apr 22, 2021 at 11:35 am

    Malaysia economy strongest in the region. Buy car until habis-stok, or order car with 6-month Q. 2nd hand car dealers say businesses are lucrative and best ever!! Enjoy the cheapest petrol too guys and gals.

    Syukur….

    Like or Dislike: Thumb up 1 Thumb down 0
 

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