9.3% 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,...

Automotive Production Data  Updated at: 2025/05/29

xports totaled 369,000 units, up 47.5% y/y; CV exports totaled 74,000 units, up 46.9% y/y; NEV exports totaled 101,000 units, up 21.7% y/y.As for last year, in January 2023, affected by the Spring Festival holiday and with consumer demand partially overdrawn, coupled with the expiration of purchase tax incentives for conventional ICE vehicles and subsidy policies for New Energy Vehicles (NEVs), the performance of the auto market was lackluster, w...

Automotive Production Data  Updated at: 2025/02/17

0% from the same period in 2022 to 239,183 units.The number of Malaysian car production for April decreased 24.8% over the previous year to 41,160 units.New car production for the first four months of 2023 increased 14.7% from the same period in 2022 to 239,554 units.Due to the end of PENJANA Sales Tax Exemption scheme and shorter working month given the festive Hari Raya Adilfitri holidays, sales and production were sharply decreased. Malaysia -...

Automotive Production Data  Updated at: 2024/02/29

es increase 15.3% and 9.7% in March, respectivelyOn April 11, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for March 2023 in China.In Q1 2023, the Chinese auto industry entered a promotion policy switching period. The expiration of purchase tax incentives for conventional ICE vehicles and subsidies for New Energy Vehicles (NEVs) triggered advance consumption at the end of last year and fo...

Automotive Production Data  Updated at: 2024/02/07

r the previous year to 68,881 units. Full-year production of 702,275 vehicles in 2022 represented a increase of 45.8% from 2021.MAA forecasts that total industry volume will decline by 9.8% to 650,000 units in 2023 after surpassing the 700,000 mark in 2022, mainly due to the expiration of the sales tax exemption on March 31, 2023. Malaysia - Sales and Production of new Vehicles Type Dec. 2022 Dec. 2021 Y-o-Y Jan.-Dec. 2022 Jan.-Dec. 2021 Y-o-...

Automotive Production Data  Updated at: 2023/02/27

9 outbreaks hitting the auto consumer market, consumers’ demand for purchasing vehicles cooled down, bringing heavy pressure to the stable operation of the auto market. The CAAM believes that China’s auto industry is in a critical period of transformation and upgrade, and suggests that purchase tax incentives for conventional ICE vehicles and local consumption boosting policies be renewed in 2023 to promote industrial development.Overall vehi...

Automotive Production Data  Updated at: 2023/02/10

creased 18.7% from the same period in 2019 to 429,326 units.MAA assumed that sales volume for December 2020 is expected to be higher than November 2020 level due to sales volume in December 2020 is expected to be much higher than November 2020 level due to the continuation of the impetus from sales tax exemption incentive for passenger vehicles and the on-going aggressive promotional campaigns by car companies. Malaysia - Sales and Production of ...

Automotive Production Data  Updated at: 2021/04/28

ore evidence of why the UK industry, like its global rivals, needs dedicated support to drive a successful restart. Government assistance so far has been vital in keeping many businesses afloat, but the job isn’t done. Measures to boost cashflow, including additional and tailored finance schemes, tax relief and business rates deferral would deliver immediate results when liquidity is most acute. We have to retain the highly skilled jobs the sec...

Automotive Production Data  Updated at: 2021/04/28

017. Production and sales significantly declined on a month-over-month (m/m) basis, while production slightly fell and sales edged up on a year-over-year (y/y) basis. Production and sales were affected by fewer working days due to the earlier start of the Lunar New Year holidays, as well as a lower tax reduction for small vehicles. While a 10% tax is levied on a new vehicle purchase, the tax rate for small vehicles with 1.6L or smaller engines we...

Automotive Production Data  Updated at: 2018/07/25

to 23,019 and a 92.4% surge in passenger pickup vehicles to 4,609.By brand, Toyota was up 12.4% to 14,895 units. Isuzu was up 2.4% to 11,949 units and Honda was up 5.9% to 9,109 units. Mitsubishi sales were down 2.7% to 3,582 units and Mazda was up 12.9% to 3,443 units.The impact of the new excise taxes from January is diminishing.FTI has maintained its projection of domestic passenger car sales at 750,000-780,000 units this year despite witness...

Automotive Production Data  Updated at: 2017/01/20

y/y.Passenger vehicle production for November totaled 2.638 million units, a 15.3% increase m/m and a 17.6% rise y/y. Sales reached 2.59 million units, up 10.5% m/m and up 17.2% y/y, showing considerable growth. Sales of cars with displacement of 1.6 liter or less, which are eligible for small car tax break, climbed 20.5% y/y to 1.876 million units. The y/y growth rate was 3.3 percentage points higher than that of overall passenger car sales, an...

Automotive Production Data  Updated at: 2017/01/15