Proton, Malaysia announces sales of 9,914 vehicles (domestic + export) in January 2025 Announced on February 12, 2025, Proton, Malaysia closed January 2025 with sales of 9,914 vehicles (domestic + export + Proton e.MAS + smart cars), lower than 12,882 units (ICE cars only) recorded in January 2024. The drop was in line with the industry downturn. Based on the estimated TIV figure, Proton’s market share is forecast at 19.7%, an increase from the...

News  Updated at: 2025/02/14

Malaysian new car sales decrease by 7.8%, and production decreases by 10.1% in November Malaysian Automotive Association (MAA) announced that new car sales of 67,532 units in November decreased by 7.8% over the same month in 2023. PV (passenger vehicles) sales were down 6.2% to 62,425 units. CV (commercial vehicles) sales were down 23.5% to 5,107 units. New car sales for the eleven months of 2024 increased 1.4% from the same period in 2023 to 731...

News  Updated at: 2024/12/20

Malaysian new car sales decrease by 8.3%, and production decreases by 4.0% in October Malaysian Automotive Association (MAA) announced that new car sales of 69,859 units in October decreased by 8.3% over the same month in 2023. PV (passenger vehicles) sales were down 6.4% to 64,322 units. CV (commercial vehicles) sales were down 25.7% to 5,537 units. New car sales for the first ten months of 2024 increased 2.4% from the same period in 2023 to 664...

News  Updated at: 2024/11/19

MAA raises 2024 vehicle sales forecast in Malaysia to 800,000 units Reported on November 14, 2024, the Malaysian Automotive Association (MAA) has raised its total industry volume (TIV) forecast for local motor vehicle sales in 2024 by 4.6% to 800,000 units. According to MAA, this new projection is encouraged by the current promotion offered by the manufacturers. MAA noted that backorders, especially the smaller variant models from national car m...

News  Updated at: 2024/11/15

Proton Malaysia sells 12,799 cars in October 2024 (domestic + export), up 0.2% YoY Announced on November 5, 2024, Proton, Malaysia has recorded sales of 12,799 units (domestic + export) in October 2024, an increase of 13.6% MoM and 0.2% YoY, respectively. Sales in the first 10 months of 2024 reached 125,557 units (down 3.1% YoY). Proton remains as the second most popular brand in the national automotive sales rankings with a forecast market share...

News  Updated at: 2024/11/07

oton recorded sales (domestic and export) of 11,025 cars in April 2024, an increase of 17.1% YoY. This brought its sales in the first 4 months of 2024 to 50,175 units, up around 1.0% YoY. The market share for Proton in April and in the first 4 months of 2024 are estimated at 18.7% and 19.2%, respectively.  In April 2024, Proton sales were led by the Saga, X50, and S70, which sold 5,031 units, 1,642 units, and 1,635 units, respectively. In the f...

News  Updated at: 2024/05/07

ingdom of Brunei Darussalam, showed exceptional growth in 2023, setting a new sales record for the company. Sales of Proton cars in Brunei jumped 87% YoY in 2023 to reach 789 units, pushing the brand up to 5th overall in the sales table and garnered it a market share of 5.4%. Total-Industry-Volume (TIV) for Brunei, meanwhile, closed at 14,640 units for 2023. Leading sales for all Proton models in Brunei in 2023 was the X50 with 476 units sold. Me...

News  Updated at: 2024/02/20

MAA notes sales of 10,159 BEVs and 28,055 HEVs in Malaysia in 2023; anticipating growth in 2024 Reported on January 16, 2024, the Malaysian Automotive Association (MAA) announced that sales of electrified vehicles shared by its member companies grew around 69% YoY in 2023 to reach 38,214 units, consisting of 10,159 BEVS and 28,055 HEVs. Sales of xEV (BEVs and HEVs) accounted for approximately 5% of the 2023's Total Industry Volume (TIV), reflecti...

News  Updated at: 2024/01/17

Local experts/analysts expect Malaysia’s 2023 automotive sales to hit all-time high again Reported on December 12, 2023, Malaysian automotive industry’s Total Industry Volume (TIV) for 2023 is expected to exceed the all-time high of 720,658 units, achieved in 2022.  According to local experts and analysts, this optimistic outlook is supported by the fulfilment of car bookings noted during the Short-Term Economic Recovery Plan (Penjana) sales...

News  Updated at: 2023/12/18

Malaysian EPMB notes over-eightfold jump in Q1/2023 net profit as auto parts sales rise On May 30, 2023, EP Manufacturing Bhd (EPMB) announced that it has recorded a more-than-eightfold increase in net profit in the quarter ended March 31, 2023 (1QFY2023), supported by increased automotive parts sales as carmakers in Malaysia continued to clear substantial backlog orders. In Q1 of FY2023, EPMB posted a net profit growth of 819.2% YoY to reach MYR...

News  Updated at: 2023/06/02

Honda Malaysia aims for 12.3% market share with sales reaching 80,000 cars in 2023 On March 17, 2023, at the Media Gathering, Honda Malaysia, in addition to confirming the launch of 4 models this year, revealed that it is targeting sales of 80,000 units with 12.3% market share in 2023. It sold a total of 80,290 cars in 2022, which represented 11.1% of the Total Industry Volume (TIV).The carmaker also mentioned that it will further strengthen hybr...

News  Updated at: 2023/03/22

National Electric Vehicle Task Force set to encourage more EV related investments in Malaysia, MITI says Reported on February 15, 2023, the Malaysian International Trade and Industry Minister (MITI) explained that the National Electric Vehicle Task Force (NEVTF), led by the MITI and relevant government ministries, agencies and representatives from the private sector, was established to execute EV development strategies and draw investors in th...

News  Updated at: 2023/02/16

Malaysian auto market in 2023 – 2027 expected to stay below 700,000-unit mark annually after seeing record-high TIV in 2022 Reported on January 19, 2022, the Malaysian automotive market, which was recently elated by the highest-ever annual total industry volume (TIV) with 720,658 vehicles sold in 2022, is projected to witness decline in 2023, before seeing tiny YoY gains in 2024 to 2027.According to the Malaysian Automotive Association (MAA), t...

News  Updated at: 2023/01/26

Proton Malaysia announces 2022 sales achievement with 141,432 units (domestic and export), up 23.3% Announced on January 4, 2023, Proton Malaysia, after recording sales of 14,750 units in the last month of the year, noted a 4th consecutive year of sales growth in 2022 with sales of 141,432 units (domestic and export) that marked the best annual sales performance since 2013. Its top 3 models were the Saga, X50, and X70, which sold 55,878 units, 4...

News  Updated at: 2023/01/05

Honda Malaysia announces 60% sales growth in H1/2022 with over 39,000 cars sold Announced on July 28, 2022, Honda Malaysia has sold over 39,000 cars in the first half of 2022, a 60% increase compared to H1/2021. Over 10,500 units have been delivered in the month of March alone. The carmaker contributed 12% to the Malaysian Total Industry Volume (TIV), as of June 30, 2022. With its satisfying performance, Honda Malaysia is on track to reach its 2...

News  Updated at: 2022/08/01

Malaysian new car sales and production jump in June On July 20, Malaysian Automotive Association (MAA) announced that new car sales of 63,366 units in June increases 3,190.0% over the same month in 2021.PVs (passenger vehicles) sales were up 2,999.6% to 57,063 units. CVs (commercial vehicles) sales were up 7,315.3% to 6,303 units. In June 2021, vehicle sales were significantly decreased due to the EMCO to contain the COVID-19 outbreak.New car sal...

News  Updated at: 2022/07/25

2022, Mitsubishi Motors Malaysia (MMM) ended FY2021 (April 2021 – March 2022) on a high note amid the ongoing pandemic, floods that affected the Klang Valley and East Coast region, as well as parts or chips shortage, with sales of 19,217 vehicles, a 66% increase despite the Total Industry Volume (TIV) shrinking by 6.7%, as compared to FY2020. This achievement puts MMM in the top 3 spots of the non-national automotive category.The Mitsubishi Xpa...

News  Updated at: 2022/04/29

Honda Malaysia projects over 50% sales growth in 2022 to 80,000 units Reported on February 17, 2022, Honda Malaysia is aiming to sell 80,000 cars this year, up around 50% from sales of 53,031 units recorded in 2021, when the car maker captured 10.4% of the total industry volume (TIV), while reportedly retaining its top position in non-national passenger vehicle segment for the 8th consecutive year. In 2021, the City, HR-V, and CR-V contributed 36...

News  Updated at: 2022/02/22

together with its partner (Daihatsu) and understand the government’s requirements and targets (carbon neutrality by 2050). In fact, the government even asked Perodua, based on the recent COP26, if they can expedite further to 2040. Perodua added that for the government’s goal to see 15% of the TIV (total industry volume) be EVs by 2030, Perodua does realize this and have been considering future EV roadmap plans, which is expected to be annou...

News  Updated at: 2022/01/27

Perodua Malaysia aims for 40.6% market share in 2022 with sales of 247,800 cars Announced on January 26, 2022, Perodua is targeting a market share of 40.6% in 2022 (up from a 37.4% share in 2021) by registering 247,800 vehicles against its projection of 610,000 total industry volume (TIV). Perodua believes that the government’s measures to contain the spread of coronavirus is showing success and that another lockdown would not happen. Also, the...

News  Updated at: 2022/01/27