Malaysia - Flash report, Production volume, 2020

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Flash report, Production volume, 2020

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Flash report, February 2020

27 Mar. 2020

*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 1.5%, production increases 1.1% in February
On March 24, Malaysian Automotive Association (MAA) announced that new car sales of 40,403 units in February increased 1.5% over the same month in 2019.
PVs (passenger vehicles) sales were down 0.1% to 36,702 units. CVs (commercial vehicles) sales were up 19.9% to 3,701 units.
New car sales for the first two months of 2020 decreased 5.9% from the same period in 2019 to 83,055 units.
The number of Malaysian car production for February increased 1.1% over the previous year to 40,371 units.
New car production for the first two months of 2020 decreased 9.1% from the same period in 2019 to 85,787 units.
MAA assumed that sales volume for March 2020 is expected to be lower than February 2020 because of restrictions due to Movement Control Order.

Malaysia - Sales and Production of new Vehicles
Type Feb.
2020
Feb.
2019
Y-o-Y Jan.-Feb.
2020
Jan.-Feb.
2019
Y-o-Y
Sales
Passenger Cars 36,702 36,725 -0.1% 75,855 80,989 -6.3%
Commercial Vehicles 3,701 3,088 19.9% 7,200 7,274 -1.0%
Total 40,403 39,813 1.5% 83,055 88,263 -5.9%
Production
Passenger Cars 37,893 36,730 3.2% 80,420 87,320 -7.9%
Commercial Vehicles 2,478 3,188 -22.3% 5,367 7,044 -23.8%
Total 40,371 39,918 1.1% 85,787 94,364 -9.1%
Source: Malaysian Automotive Association (MAA)



More detailed statistics for Malaysia

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January 2020

25 Feb. 2020

*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 12.0%, production decrease 16.6% in January
On February 20, Malaysian Automotive Association (MAA) announced that new car sales of 42,623 units in January decreased 12.0% over the same month in 2019.
PVs (passenger vehicles) sales were down 11.6% to 39,127 units. CVs (commercial vehicles) sales were down 16.5% to 3,496 units.
The number of Malaysian car production for January decreased 16.6% over the previous year to 45,416 units.
MAA reported sales volume in January 2020 was 5,827 units or 12% lower than similar corresponding month in 2019 because of short working month due to the Chinese New Year festive holidays and market uncertainty following the annoucement of the implementation of new Excise Duty Regulations.
MAA assumed that sales volume for February 2020 is expected to be slightly better than January 2020 due to issues pertaining to CKD vehicles excise duty valuation had been resolved.

Malaysia - Sales and Production of new Vehicles

Type Jan. 2020 Jan. 2019 Y-o-Y
Sales
Passenger Cars 39,127 44,264 -11.6%
Commercial Vehicles 3,496 4,186 -16.5%
Total 42,623 48,450 -12.0%
Production
Passenger Cars 42,527 50,590 -15.9%
Commercial Vehicles 2,889 3,856 -25.1%
Total 45,416 54,446 -16.6%
Source: Malaysian Automotive Association (MAA)


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