July 2023 Malaysian vehicle sales up by 1.7% – MAA

July 2023 Malaysian vehicle sales up by 1.7% – MAA

The Malaysian Automotive Association (MAA) has revealed vehicle sales data for the month of July 2023, which saw a total of 63,676 units delivered to customers. This represents an increase of around 1.7% from the 62,593 units sold in June 2023.

The July 2023 sales total is also 27.5% higher when compared to the same month in 2022 that saw 49,934 deliveries. According to the association, the encouraging results are a result of improved supply chains as well as fulfilment of bookings for new model launches recently.

Meanwhile, the total industry volume (TIV) as of the end of July 2023 is 429,807 units, which is 12.6% higher than the same period in 2022. At a press briefing last month, the association revised its full year 2023 TIV forecast from 650,000 units to 725,000 units.

For the month of August 2023, expected to be slightly higher than July 2023 due to new model launches and promotional campaigns by car companies in conjunction with the Merdeka Day celebrations.

On the production side, July 2023 saw 66,862 vehicles produced, which is a 28% year-on-year increase from July 2022. The YTD production figure currently stands at 429,397 units, 16% higher than the corresponding period last year.

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Gerard Lye

Originating from the corporate world with a background in finance and economics, Gerard’s strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.



  • Ajibkor on Aug 17, 2023 at 6:41 pm

    Mantap Terbaik PHBN gahmen amat menyakinkan!!

    Like or Dislike: Thumb up 5 Thumb down 5
  • GengM on Aug 17, 2023 at 8:36 pm

    Proton going up up fast…sooner china make will catch up those mafia toyota/perodua… With better and affordable car

    Like or Dislike: Thumb up 2 Thumb down 6
  • Made in Malaysia is Better on Aug 18, 2023 at 8:19 am

    Who said Malaysians were getting poorer? The economic growth can be propelled by higher local consumption (but make sure they are made in Malaysia).

    Like or Dislike: Thumb up 1 Thumb down 1

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