The Malaysian Automotive Association (MAA) has released the vehicle sales data for the month of June 2022, stating that a total of 63,366 new vehicles were delivered to buyers last month. This is an increase of 12,732 units from the 50,634 vehicles (originally reported as 49,603 units) sold in May, or a 25.15% jump in performance.
According to the association, the improvement in sales last month was attributed to the impetus from the sales tax exemption, which continued to attract buyers until it came to an end on June 30 as scheduled.
Compared to the same month in 2021, sales in May 2022 was a phenomenal 3,190% (or 61,440 units) higher than the 1,926 units (originally reported as 1,921 units) from the same period last year. The massive difference is not a surprise, given the closure of all car showrooms when the country went into lockdown on June 1 last year during phase one of the National Recovery Plan (NRP).
Meanwhile, the year-to-date total for the first half of 2022 stood at 331,386 units, ahead by 33% (or 82,208 units) over the 249,178 units managed during the first six months of last year.
The association projected sales in July to be similar to June levels, with car companies continuing to fulfil orders made during the sales tax exemption period, and this will likely be the case until March next year, given the government’s decision to allow the SST exemption to be applied for any vehicle booked by June 30 and registered before March 31, 2023. The association however added that the shortage of chips and components would continue to have an impact on deliveries.
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Tahniah P1!
Sales is one aspect.Most importantly,is there quality in Loan repayments.The default or delinquent rate can surprise bankers if what El on Musk feared the most ,materialized…full blown recession.
Same guy that is hardselling new Alza predicting 500,000 sales somemore. Hahaha totally untrustable fella.
You r the genuinely unstable one.
As top Perodua SA,we portray 2 sides of the coin.Our customers (those with good credit ratings)stick with us,and book..after due diligence.Not blindly listening to “Beli je,jangan risau” crap talk.
Copy paste: “So telling pipu to buy and telling pipu not to buy? Are you 2 faced schizo ke? U shud not be here but in a looney hospital.”
This shows the Rakyat has full confidence in the current Gomen! Well done PM Sabri & Better Nation!
#KeluargaMalaysia #BetterNation
Stupid remarks.Buying car has nothing to do with garmen.It depends whether u buy in cash or banks grant u loans.
Rkayat Malaysia is actually a stupid guy like his best friend john
Copy paste: “Arent you the one that keep telling ppl not to buy car since global recession coming soon? Suddenly telling ppl to buy, you want them bankrupt is it?”
If afford of all mean can buy, if not one year later the bank wil come n tarik kereta.