Malaysia - Automotive Production volume, 2024

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Flash report, Automotive Production volume, 2024

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

Flash report, June 2024

Jul 18, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Malaysian new car sales decrease by 7.3%, and production decreases by 14.2% in June
Malaysian Automotive Association (MAA) announced that new car sales of 58,046 units in June decreased by 7.3% over the same month in 2023.
PV (passenger vehicles) sales were down 5.8% to 52,487 units. CV (commercial vehicles) sales were down 19.5% to 5,559 units.
New car sales for the first six months of 2024 increased 6.6% from the same period in 2023 to 390,296 units.
The number of Malaysian car production for June decreases 14.2% over the previous year to 49,811 units.
New car production for the first six months of 2024 increased 8.1% from the same period in 2023 to 392,052 units.

Malaysia - Sales and Production of new Vehicles
Type Jun.
2024
Jun.
2023
Y-o-Y Jan.-Jun.
2024
Jan.-Jun.
2023
Y-o-Y
Sales
Passenger Cars 52,487 55,698 -5.8% 356,859 326,697 9.2%
Commercial Vehicles 5,559 6,903 -19.5% 33,437 39,479 -15.3%
Total 58,046 62,601 -7.3% 390,296 366,176 6.6%
Production
Passenger Cars 46,811 54,643 -14.3% 370,740 339,846 9.1%
Commercial Vehicles 3,000 3,408 -12.0% 21,312 22,689 -6.1%
Total 49,811 58,051 -14.2% 392,052 362,535 8.1%
Source: Malaysian Automotive Association (MAA) and various media report


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Flash report, May 2024

Jun 24, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Malaysian new car sales increase by 8.7%, and production increases by 14.2% in May
Malaysian Automotive Association (MAA) announced that new car sales of 68,665 units in May increased by 8.7% over the same month in 2023.
PV (passenger vehicles) sales were up 11.4% to 62,862 units. CV (commercial vehicles) sales were down 13.5% to 5,803 units.
New car sales for the first five months of 2024 increased 8.3% from the same period in 2023 to 328,901 units.
The number of Malaysian car production for May increases 14.2% over the previous year to 74,174 units.
New car production for the first five months of 2024 increased 12.2% from the same period in 2023 to 341,500 units.

Malaysia - Sales and Production of new Vehicles
Type May
2024
May
2023
Y-o-Y Jan.-May
2024
Jan.-May
2023
Y-o-Y
Sales
Passenger Cars 62,862 56,448 11.4% 301,109 270,999 11.1%
Commercial Vehicles 5,803 6,710 -13.5% 27,792 32,576 -14.7%
Total 68,665 63,158 8.7% 328,901 303,575 8.3%
Production
Passenger Cars 70,132 60,391 16.1% 323,188 285,203 13.3%
Commercial Vehicles 4,042 4,539 -10.9% 18,312 19,281 -5.0%
Total 74,174 64,930 14.2% 341,500 304,484 12.2%
Source: Malaysian Automotive Association (MAA) and various media report


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Flash report, April 2024

May 27, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Malaysian new car sales increase by 21.3%, and production increases by 38.2% in April
Malaysian Automotive Association (MAA) announced that new car sales of 57,991 units in April increased by 21.3% over the same month in 2023.
PV (passenger vehicles) sales were up 25.0% to 53,253 units. CV (commercial vehicles) sales were down 9.1% to 4,738 units.
New car sales for the first four months of 2024 increased 8.2% from the same period in 2023 to 260,236 units.
The number of Malaysian car production for April increases 38.2% over the previous year to 56,895 units.
New car production for the first four months of 2024 increased 11.6% from the same period in 2023 to 267,326 units.

Malaysia - Sales and Production of new Vehicles
Type Apr.
2024
Apr.
2023
Y-o-Y Jan.-Apr.
2024
Jan.-Apr.
2023
Y-o-Y
Sales
Passenger Cars 53,253 42,587 25.0% 238,247 214,551 11.0%
Commercial Vehicles 4,738 5,215 -9.1% 21,989 25,866 -15.0%
Total 57,991 47,802 21.3% 260,236 240,417 8.2%
Production
Passenger Cars 53,857 38,575 39.6% 253,056 224,812 12.6%
Commercial Vehicles 3,038 2,585 17.5% 14,270 14,742 -3.2%
Total 56,895 41,160 38.2% 267,326 239,554 11.6%
Source: Malaysian Automotive Association (MAA) and various media report



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Flash report, March 2024

Apr 26, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Malaysian new car sales decrease by 9.9%, and production decrease by 12.0% in March
Malaysian Automotive Association (MAA) announced that new car sales of 71,052 units in March decreased by 9.9% over the same month in 2023 but a 13.1% increase from the previous month.
PV (passenger vehicles) sales were down 8.7% to 64,760 units. CV (commercial vehicles) sales were down 20.8% to 6,292 units.
MAA had expected at the end of March, sales in March to surpass those in February, driven by the end of year sales season and promotional campaigns during the Hari Raya festive season.
New car sales for the first three months of 2024 increased 5.0% from the same period in 2023 to 202,245 units.
The number of Malaysian car production for March decreases 12.0% over the previous year to 66,923 units.
New car production for the first three months of 2024 increased 6.1% from the same period in 2023 to 210,431 units.

Malaysia - Sales and Production of new Vehicles
Type Mar.
2024
Mar.
2023
Y-o-Y Jan.-Mar.
2024
Jan.-Mar.
2023
Y-o-Y
Sales
Passenger Cars 64,760 70,940 -8.7% 184,994 171,964 7.6%
Commercial Vehicles 6,292 7,941 -20.8% 17,251 20,651 -16.5%
Total 71,052 78,881 -9.9% 202,245 192,615 5.0%
Production
Passenger Cars 63,778 71,731 -11.1% 199,199 186,237 7.0%
Commercial Vehicles 3,145 4,338 -27.5% 11,232 12,157 -7.6%
Total 66,923 76,069 -12.0% 210,431 198,394 6.1%
Source: Malaysian Automotive Association (MAA) and various media report


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Flash report, February 2024

Mar 25, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Malaysian new car sales decrease by 1.1%, and production increases by 2.8% in February
On March 18, Malaysian Automotive Association (MAA) announced that new car sales of 62,833 units in February decreased by 1.1% over the same month in 2023.
PV (passenger vehicles) sales were up 2.7% to 57,979 units. CV (commercial vehicles) sales were down 31.9% to 4,854 units.
New car sales for the first two months of 2024 increased 12.8% from the same period in 2023 to 128,332 units.
The number of Malaysian car production for February increases 2.8% over the previous year to 65,611 units.
New car production for the first two months of 2024 increased 15.8% from the same period in 2023 to 141,688 units.
Sales in March 2024 is expected to be higher than February 2024 due to companies rushing to fulfill for deliveries before their financial year ending on 31 March 2024, as well as promotional campaigns for the Hari Raya festive season.

Malaysia - Sales and Production of new Vehicles
Type Feb.
2024
Feb.
2023
Y-o-Y Jan.-Feb.
2024
Jan.-Feb.
2023
Y-o-Y
Sales
Passenger Cars 57,979 56,433 2.7% 117,373 101,019 16.2%
Commercial Vehicles 4,854 7,128 -31.9% 10,959 12,710 -13.8%
Total 62,833 63,561 -1.1% 128,332 113,729 12.8%
Production
Passenger Cars 61,935 59,843 3.5% 133,601 114,506 16.7%
Commercial Vehicles 3,676 3,955 -7.1% 8,087 7,819 3.4%
Total 65,611 63,798 2.8% 141,688 122,325 15.8%
Source: Malaysian Automotive Association (MAA)


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Flash report, January 2024

Feb 29, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Malaysian new car sales increase by 30.6%, and production increases by 30.0% in January
Malaysian Automotive Association (MAA) announced that new car sales of 65,499 units in January increased by 30.6% over the same month in 2023.
PV (passenger vehicles) sales were up 33.2% to 59,394 units. CV (commercial vehicles) sales were up 9.4% to 6,105 units.
The number of Malaysian car production for January increases 30.0% over the previous year to 76,077 units.
As of the end of January, Malaysia's new motor vehicle sales are expected to decline by 7.5% to 740,000 units in 2024, said the Malaysian Automotive Association (MAA), following record sales of 799,731 units in 2023.
For 2024, MAA's weaker forecast is due to several factors, including global economic uncertainty due to conflicts and geopolitical tensions, and a slight slowdown in global economic growth forecasted by the International Monetary Fund to 2.9% in 2024 from 3% in 2023.

Malaysia - Sales and Production of new Vehicles

Type Jan. 2024 Jan. 2023 Y-o-Y
Sales
Passenger Cars 59,394 44,586 33.2%
Commercial Vehicles 6,105 5,582 9.4%
Total 65,499 50,168 30.6%
Production
Passenger Cars 71,666 54,663 31.1%
Commercial Vehicles 4,411 3,864 14.2%
Total 76,077 58,527 30.0%

Source: Malaysian Automotive Association (MAA)




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