Latest News for: Malaysia car sales

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Malaysia's car sales rise 10 pct month on month in March

Xinhua 23 Apr 2024
KUALA LUMPUR, April 23 (Xinhua) -- Malaysia's car sales rose 10 percent month-on-month to 71,052 units in March, the Malaysian Automotive Association (MAA) said Tuesday ... Malaysia's car sales rise ...
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Analysts see Malaysia's current car sales not sustainable

Xinhua 22 Mar 2024
KUALA LUMPUR, March 22 (Xinhua) -- Analysts have foreseen Malaysia's current total industry volume (TIV) not sustainable given the lack of ... Analysts see Malaysia's current car sales not sustainable.
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Analysts remain cautious on Malaysia's auto sales this year

Xinhua 26 Feb 2024
... car sales rising year on year in January ... Last week, the MAA announced that Malaysia's car sales fell 16.45 percent month on month while rising 30.56 percent year on year to 65,499 units in January.
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Analysts see Malaysia's automotive sales to normalize in 2024

Xinhua 19 Jan 2024
... have foreseen Malaysia's automotive sales to normalize in 2024 after record high car sales in 2023.
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Malaysia achieves record car sales of 799,731 units in 2023

Xinhua 16 Jan 2024
16 (Xinhua) -- Malaysia's new motor vehicles sales in 2023 rose to a new all-time high of 799,731 units, propelled mainly by the passenger ... Malaysia achieves record car sales of 799,731 units in 2023.
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VOLVO MALAYSIA AWAITS DETAILS ON HVGT; HOPES EV ADOPTION RISES

Malaysian National News Agency 13 Jan 2024
... trend closer to the premium and luxury segment compared to petrol cars based on their retail price,” Frump told a group interview on Volvo Car Malaysia's 2023 sales performance recently.
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EXPERTS: ELECTRIC BUS ADOPTION STILL LOW DUE TO HIGH COSTS

Malaysian National News Agency 27 Dec 2023
... to realise the National Energy Transition Roadmap (NETR) which has set a national target, whereby 20 per cent of Malaysia’s annual new car sales would consist of electrified vehicles by 2030.
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Analysts foresee softening car sales in Malaysia next year

Xinhua 21 Dec 2023
21 (Xinhua) -- Analysts have foreseen softening car sales in Malaysia next year due to the expiry of sales and service tax (SST) exemption, ... Analysts foresee softening car sales in Malaysia next year.
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Malaysia's car sales in 2023 set to surpass 2022

China.dot.org 15 Dec 2023
Malaysia's January to November car sales reached 718,748 units, 11.51 percent higher than 644,534 units a year ago, it said in a statement ... Despite car sales being down 4 percent from ...
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Tesla’s India entry: Much ado about nothing?

Financial Express 22 Nov 2023
According to Statista data, the country-wise luxury car market revenue was led by the United States ($7.4 billion), followed by Germany ($3.2 billion), Russia ($1.08 billion), United Kingdom ($948 million) and Malaysia ($182 million).
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Analysts revise up Malaysia's car sales projection this year

Xinhua 17 Nov 2023
17 (Xinhua) -- Analysts have on Friday revised up Malaysia's car sales projection this year after positive vehicle sales momentum from January to October ... Analysts revise up Malaysia's car sales projection this year.
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Malaysia's car sales rise 9.89 pct on month in October

Xinhua 15 Nov 2023
On a yearly basis, car ... From January to October, Malaysia's car sales stood at 646,840 units, growing 11.73 percent from 578,917 units a year ago ... Malaysia's car sales rise 9.89 pct on month in October.
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Analysts see rising competition in Malaysia's automotive sector

Xinhua 19 Oct 2023
TA Securities said in a note on Thursday that it observed Malaysia's forward car sales orders are showing signs of easing, which could translate to weaker sales in 2024 (estimated at 650,000 units).
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Analysts see Malaysia's car sales momentum close to peaking

Xinhua 21 Sep 2023
21 (Xinhua) -- Analysts said Thursday that Malaysia's new car sales momentum could be close to peaking ... Analysts see Malaysia's car sales momentum close to peaking.
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Malaysia's car sales up 13 pct in August

Xinhua 15 Sep 2023
15 (Xinhua) -- Malaysia's car sales posted another strong growth, amounting to 71,745 units sold in August, the Malaysian Automotive Association (MAA) said on Friday.
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