Malaysia TIV 1H 2025 at 373,636, down 4.6% vs 2024; MAA maintains full-year forecast of 780k vehicles sold

Malaysia TIV 1H 2025 at 373,636, down 4.6% vs 2024; MAA maintains full-year forecast of 780k vehicles sold

The Malaysian Automotive Association (MAA) has released vehicle sales and production data for the month of June 2025 as well as for the first half of this year.

Focusing on June 2025 first, last month saw a total of 54,832 vehicles delivered to customers, which is 21% less than what was reported for the month of May 2025 (69,442 units, adjusted). The association attributed this to the one-week plant shutdown during the Hari Raya Aidiladha week as well as a shorter working month of 19 days.

Malaysia TIV 1H 2025 at 373,636, down 4.6% vs 2024; MAA maintains full-year forecast of 780k vehicles sold

Compared to the same month in 2024 that saw 58,142 units, the figure was June 2025 is down by 6%. For the month of July 2025, the association is expecting an increase in sales due to it being a full working month with 23 working days.

As for the first half of the year, total industry volume (TIV) reached 373,636 units, which is down 17,815 units or 4.6% when compared to the same corresponding period in 2024 that saw 391,451 units. As such, the TIV at the halfway point of the year accounts for 47.9% of the MAA’s full-year forecast for 2025.

Click to enlarge

The association points out several contributing factors for the lower TIV in 1H 2025, including the high base effect from the previous year’s record TIV of 816,747 units, making the comparison to 2025 naturally lower.

It adds that advance purchases made in December 2024 affected sales in January 2025. In its release, the MAA stated that the highest monthly TIV of 81,735 units was recorded in December 2024 compared to January 2025 TIV that saw 50,397 units – the January 2024 TIV was 66,919 units for reference.

Click to enlarge

The government’s diesel subsidy rationalisation that started in June 2024 also had a hand in the reduction in TIV in 1H 2025, as the association saw demand for commercial vehicles decline by a substantial 21% compared to 1H 2024. Looking at the data, sales of commercial vehicles stood at 26,552 units in 1H 2025 compared to 33,595 units in 1H2024.

Despite the result, the MAA is maintaining its full-year sales forecast of 780,000 units, which remains 34,731 units or 4.5% less than the record 816,747 units posted for 2024.

Malaysia TIV 1H 2025 at 373,636, down 4.6% vs 2024; MAA maintains full-year forecast of 780k vehicles sold

However, the breakdown of this forecast has been revised from what was announced in January 2025, with passenger vehicles now expected to hit 724,000 units sold (previously 710,000 units), while the figure for commercial vehicles has been slashed to 56,000 units (previously 70,000 units).

Touching on production, June 2025 saw total production hit 52,067 units, which is 4% higher than the 49,920 units recorded for June 2024. Despite this, the year-to-date (YTD) production total as of 1H 2025 is down 10% at 352,626 units compared to 1H 2024 that saw 392,264 units.

Looking to sell your car? Sell it with Carro.

Certified Pre-Owned - 1 Year Warranty

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

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.

 
 

Add a comment

required

required