The Malaysian Automotive Association (MAA) has released vehicle sales data for the month of September 2021, announcing that a total of 44,275 vehicles were delivered last month. This is an increase of 26,775 units from the 17,500 units sold in August, representing a 153% gain in volume.
The association attributed the increase to a full month of restored business operations nationwide following the relaxation of movement restrictions. It however added that the ongoing shortage of semiconductor chips had affected sales of certain makes, and also reported that certain makes faced some cancellation of orders due to low consumer sentiment. It however did not elaborate on the reasons behind this.
In year-on-year terms, last month’s total was 13,483 units (or 23.3%) less that that achieved in September 2020, when 57,758 units were shifted. As for year-to-date numbers, the total industry volume (TIV) for the first nine months of 2021 stands at 318,874 units, which is 25,145 units (or 7.3%) behind that of the 344,019 units from the same period last year.
The MAA is projecting sales in October to be higher than September, given that business operations have been restored nationwide and car companies are ramping up production and deliveries of vehicles. It expects that buyers will continue to take advantage of the SST exemption until that ends on December 31.
Looking to sell your car? Sell it with Carro.
Syabas! Our MITI Minister, YB Azmin Ali is proven right again. Worthy for PM post in pru15.
Rakyat now have 153% confidence in how things being run now. Terbaek!
Sales is up but then the poor bm service will get poorer with more car to seevice.
Sleepy transformer,
You are the only one proving him right.
What has been achieved? Just SST tax holiday,oh my..any greenhorn menteri can do it.
Stop blowing the trumpet,when the rakyat is still stuck with very high car taxes in covidian times.
153% don’t agree with you, cars are just too cheap and affordable at all segments
Wait long long time don’t cut queue don’t probok me, next pm is mine ok
Dec 20 we will get another extension as Xmas present… I’m betting my money on it
The association had also reported that certain makes faced some cancellation of orders due to low consumer sentiment, but it did not elaborate on the reasons behind this. Are they hiding something?
Misleading report. What is there to be proud of when you compare to a low base??? Sentiment overall is still very poor.