The Malaysian Automotive Association (MAA) has released vehicle sales data for the month of January 2025, which saw a total of 48,732 vehicles (earlier reported as 48,875 units) delivered to customers. This represents a drop of 40.38%, or 33,003 units, from the record-breaking 81,735 units that were sold in December 2024.
According to the association, the significant decrease in numbers last month stemmed from a shorter working month of 19 days (contributed in part by the Chinese New Year holidays) and also because of the record purchases made in the month prior, undoubtedly boosted by year-end bargains.
The January sales figure is also 27.2% (or 18,191 units) lower than that achieved in the same month in 2024. With just a month in, it’s a soft start to things, what with the TIV forecast for the year set at 780,000 units.
For the month of February 2024, the association said it expects sales to pick up despite a slightly shorter calendar month. It said it expects an increase in vehicle purchases ahead of the coming Hari Raya Aidilfitri celebrations, aided by offers from car companies which have their financial year ending on March 31.
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Habis lah..keta no sales, now everyone takes public transport
Too many hire purchase loans application rejected LOL
I dont buy the MAA explanation why lower sales for Jan.
Forget about Dec..where poeple want a 2024 car at huge rebates for stock clearance.
If economy or buying power is still very strong,people will buy even if 1 week is used up to balik kampong.
The real reason is fanboys r delaying new car purchases..due to rising costs of living like astronomical medical insurance etc.n uncertainty of employment and poor business sentiments.
The excuse of a shorter working month is obsolete.If people r loaded,u give them 20 days..they can still buy.
Whats so difficult? Just use your laptop to buy book online.
MAA,dont swallow every bit of garbage around.Do your research on consumer behaviour.
Isn’t the large number of December a’salesa’ the usual “pre-registration” by car suppliers and dealers to meet quotas, and the poor sales in January just the hangover effect?
Habeslah… rakyat has no more confidence with useless PH Gomen anymore. They must step down IMMEDIATELY!!!!
Everyone wait and see the petrol subsidy first.
Everyone is just waiting whether to get screwed earlier by PH or screwed later by PH.
Every where in the world sales of new vehicles especially ICE vehicles are dropping.
But would not be surprised to see and forecast lower new vehicles sales in Malaysia too given that
1) our foreign exchange ( ringgit) is WEAK compare to other countries eg USA, SG
2) Lower disposal income with same pay due to excessive increase for prices of goods and foods overshadow wages at rapid pace
3) excessive rental increased by shops owners ( enriching themselves at the expense of others) even it is 60 years old thus causing customers to pay high price for eat in daily .
4) jobs uncertainty and dissatisfaction
5) high depreciation of new vehicles for all Brands. Higher prices translate to higher losses creating a liability not asset.
6) Cost of repairing new vehicles are way more expensive than older road worthy vehicles
7) Too much electronics and sensors in new cars can easily get faulty and costly repair
8) durability of new vehicles are not built to withstand due to use of cheaper parts but higher prices eg for ICE like using plastic water pump , ignition coil and suspension bushes and engine mountings
9) Medias are not revealing the truth about new cars but seems to be bought to tell the oposite
10) why bother buy a new cars knowing the material quality had dropped tremendously .new vehicle design also not elegant with cramped headroom like in coupe style ( waste of money)
11) the list goes on and on