The Malaysian Automotive Association (MAA) has released vehicle sales data for the month of September 2023, announcing that a total of 68,156 vehicles were delivered to buyers last month. This is 4,653 units less than the 72,809 units (originally, 71,745 units) reported by the association in August, representing a 6.4% reduction in volume over the previous month.
The association said that the drop in numbers last month was due to consumers adopting a wait and see approach in anticipation of announcements in Budget 2024 (which was tabled by prime minister Datuk Seri Anwar Ibrahim in parliament last week).
Compared to the same month in 2022, September’s total was 4.6% (or 2,996 units) higher than the 65,160 units achieved last year. Meanwhile, the total industry volume for the first nine months of 2023 now stands at 571,767 units, ahead by 57,318 units (or 11.1%) compared to the 514,449 units managed during the same period last year.
Based on the trajectory, the full year TIV forecast of 725,000 units should be achieved. The association projects that sales in October will be similar to the level accomplished in September.
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Not enough roads for cars already. Some more petrol so cheap + 9-year loan.
Folks,can u imagine what the price of unsubsidised petrol is if the Middle east War expanded to half a dozen Arab countries,n there is a blockage of shipping lanes,like the Straits of Hormuz?
At US 120/barrel…who much is Rafizi/Ahlokekor setting the retail unsubsidised price? With this scenario,even B40 cant be protected.
Everyone already knows that a human being is much more likely to starve to death without food than without owning a motor vehicle.
Sir,u have a point…but we r not in Gaza where starvation is real.
Most of us still need the cheapest kancil or myvi or Axia to move around due to our badly developed lrt mrt infra which r done on an adhoc basis due to intense lobbying by cronies.
You still need to drive or carpool to the nearest LRT station.
I guess it depends on the person as each of us have different priorities. I’ve encountered ppl who put up their kancils, myvis & axias for sale because they need the money for more important things. I’ve also encountered ppl who don’t need to drive or carpool to the nearest LRT station when they can still manage to ride the bus, taxi or e-hailing & sometimes they just walk, because they know they can’t afford to own a car & don’t want to fall into a debt trap.
Looks like this is progressively returning to normal after SST exemption ending for new cars.
It’s actually beyond normal. TIV in 2023 is likely to smash last year’s record number and that’s just new car sales for companies that report to MAA so it does not include those who do not report and grey imports.
In november cheat SALES and new launching
finally, dah ada kesedaran tak beli kereta baru
Kereta nowadays not cheap, turbo la, hybrid la, adas la, 6 airbags la, acc la… All i want is a simple car can start can move, safe fuel easy maintenance like vios 2nd gen.