4% over the previous year to 63,962 units. Total production in 2024 increased 2.0% from the same period in 2023 to 790,347 units.MAA announced that Malaysia broke the 800,000 units sales record for the first time in 2024. MMA attributes the sales growth to the strong domestic economy, the Overnight Policy Rate (OPR), which has remained at 3% since May 2023, the introduction of new models, and aggressive sales promotions by OEMs.In 2025, sales are...

Automotive Production Data  Updated at: 2025/07/04

YoY.Vehicle exports in February 2025 amounted to 81,323 units, marked a drop of 8.3% YoY. According to the FTI, exports to Asia, Europe, North America, Central America, and South America declined. Some trading partners have also reduced their orders while waiting for clarity on the U.S. import tax policy. Vehicle export in February was valued at THB 57.3 billion, down 5.5%. Vehicle exports in the first 2 months of 2025 reached 143,644 units, dow...

Automotive Production Data  Updated at: 2025/06/30

um and have a large market share.According to the CAAM, at present, exports are an important growth driver, while insufficient domestic demand remains a prominent problem that needs to be addressed in 2024. It is hoped that the Chinese government will continue to offer the auto industry a favorable policy environment by promoting a new round of large-scale equipment renewal and the early refinement and implementation of policies and measures such...

Automotive Production Data  Updated at: 2025/06/04

production and sales results for June 2023.In June 2023, China’s vehicle production and sales volumes both increased year-over-year (y/y), resulting in large increase for the first half of the year. This is mainly because demand in China’s auto market, where there was the impact of a promotion policy switch and price fluctuations in Q1, is gradually recovering due to the joint stimulation of central and regional consumption promotion policie...

Automotive Production Data  Updated at: 2025/06/04

diminished. In July, New Energy Vehicle (NEV) production and sales maintained rapid y/y growth, and auto exports hit a record high. Seventeen Chinese ministries led by the Ministry of Commerce of China (MOFCOM) jointly issued a notice on several measures to enhance auto consumption, which provided policy guarantees for stimulating the auto market.Overall vehicle production and sales in July totaled 2.455 million units and 2.42 million units, rep...

Automotive Production Data  Updated at: 2023/02/10

ared to last year’s near total standstill of production lines. The recovery of car production is, however, still massively challenged here and abroad by global supply shortages, particularly semiconductors. If the UK is to remain competitive, therefore, it must ensure it has a globally attractive policy framework for both vehicle production and the supply chain. Accelerating zero emission car production is part of this package, so while 1 in 5 ...

Automotive Production Data  Updated at: 2022/02/28

ter than what was expected at the beginning of the month.In November 2021, production and sales both kept declining year-over-year (y/y). Passenger vehicle production and sales achieved month-over-month (m/m) growth. Owing to factors such as the implementation of China VI emissions standard and the policy adjustments for “light trucks with a blue plate” (for example, the total weight standard of “a light truck with a blue plate” has been ...

Automotive Production Data  Updated at: 2022/02/25