Malaysia - Automotive Sales volume, 2023

Flash report, December 2023

Jan 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 up 10.9%, production up 10.3% for 2023
Malaysian Automotive Association (MAA) announced that new car sales of 78,398 units in December increase 2.3% over the same month in 2022.
PVs (passenger vehicles) sales were up 2.9% to 70,908 units. CVs (commercial vehicles) sales were down 3.5% to 7,490 units.
Total sales in 2023 posted a record high of 799,731 units, a 10.9% increase from that of 2022.
PVs sales were up 12.0% to 719,160 units. CVs sales were up 2.0% to 80,571 units.
The number of Malaysian car production for December decreased 3.9% over the previous year to 66,224 units. Full-year production of 774,600 vehicles in 2023 represented a increase of 10.3% from 2022.
MAA forecasts that sales in January 2024 is expected to be slightly lower than December 2023 level.
Malaysia's new motor vehicle sales are expected to decline by 7.5% 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	Dec. 2023	Dec. 2022	Y-o-Y	Jan.-Dec. 2023	Jan.-Dec. 2022	Y-o-Y
Sales
Passenger Cars	70,908	68,879	2.9%	719,160	642,157	12.0%
Commercial Vehicles	7,490	7,764	-3.5%	80,571	79,020	2.0%
Total	78,398	76,643	2.3%	799,731	721,177	10.9%
Production
Passenger Cars	61,817	63,852	-3.2%	724,891	650,190	11.5%
Commercial Vehicles	4,407	5,029	-12.4%	49,709	52,085	-4.6%
Total	66,224	68,881	-3.9%	774,600	702,275	10.3%

Source: Malaysian Automotive Association (MAA)

Flash report, November 2023

Dec 20, 2023

*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 9.6%, and production increases by 3.2% in November
On December 15, Malaysian Automotive Association (MAA) announced that new car sales of 71,908 units in November increased by 9.6% over the same month in 2022.
PV (passenger vehicles) sales were up 11.0% to 65,246 units. CV (commercial vehicles) sales were down 2.8% to 6,662 units.
New car sales for the first eleven months of 2023 increased 11.5% from the same period in 2022 to 718,748 units.
The number of Malaysian car production for November increases 3.2% over the previous year to 67,743 units.
New car production for the first eleven months of 2023 increased 11.8% from the same period in 2022 to 708,376 units.
According to MAA, Sales in December 2023 is expected to be similar to November 2023 level due to continuation of aggressive year-end promotion by companies having their financial year ending on 31 December 2023.

Malaysia - Sales and Production of new Vehicles

Type	Nov. 2023	Nov. 2022	Y-o-Y	Jan.-Nov. 2023	Jan.-Nov. 2022	Y-o-Y
Sales
Passenger Cars	65,246	58,763	11.0%	645,667	573,278	12.6%
Commercial Vehicles	6,662	6,854	-2.8%	73,081	71,256	2.6%
Total	71,908	65,617	9.6%	718,748	644,534	11.5%
Production
Passenger Cars	62,931	60,630	3.8%	663,074	586,338	13.1%
Commercial Vehicles	4,812	5,012	-4.0%	45,302	47,056	-3.7%
Total	67,743	65,642	3.2%	708,376	633,394	11.8%

Source: Malaysian Automotive Association (MAA)

Flash report, October 2023

Nov 22, 2023

*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 21.0%, and production increases by 25.8% in October
On November 15, Malaysian Automotive Association (MAA) announced that new car sales of 74,896 units in October increased by 21.0% over the same month in 2022.
PV (passenger vehicles) sales were up 21.8% to 67,478 units. CV (commercial vehicles) sales were up 13.7% to 7,418 units.
New car sales for the first ten months of 2023 increased 11.7% from the same period in 2022 to 646,840 units.
The number of Malaysian car production for October increases 25.8% over the previous year to 74,191 units.
New car production for the first ten months of 2023 increased 12.8% from the same period in 2022 to 640,633 units.
Sales in November 2023 is expected to be similar to October 2023's level.

Malaysia - Sales and Production of new Vehicles

Type	Oct. 2023	Oct. 2022	Y-o-Y	Jan.-Oct. 2023	Jan.-Oct. 2022	Y-o-Y
Sales
Passenger Cars	67,478	55,395	21.8%	580,421	514,515	12.8%
Commercial Vehicles	7,418	6,525	13.7%	66,419	64,402	3.1%
Total	74,896	61,920	21.0%	646,840	578,917	11.7%
Production
Passenger Cars	69,475	54,601	27.2%	600,143	525,708	14.2%
Commercial Vehicles	4,716	4,390	7.4%	40,490	42,044	-3.7%
Total	74,191	58,991	25.8%	640,633	567,752	12.8%

Source: Malaysian Automotive Association (MAA)

Flash report, September 2023

Oct 24, 2023

*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 4.6%, and production decreases by 0.4% in September
On October 16, Malaysian Automotive Association (MAA) announced that new car sales of 68,156 units in September increased by 4.6% over the same month in 2022.
PV (passenger vehicles) sales were up 7.0% to 61,560 units. CV (commercial vehicles) sales were down 13.7% to 6,596 units.
New car sales for the first nine months of 2023 increased 11.1% from the same period in 2022 to 571,767 units.
The number of Malaysian car production for September decreased 0.4% over the previous year to 69,133 units.
New car production for the first nine months of 2023 increased 11.3% from the same period in 2022 to 566,442 units.
Sales in October 2023 is expected to be similar to September 2023's level.

Malaysia - Sales and Production of new Vehicles

Type	Sep. 2023	Sep. 2022	Y-o-Y	Jan.-Sep. 2023	Jan.-Sep. 2022	Y-o-Y
Sales
Passenger Cars	61,560	57,521	7.0%	512,852	456,572	12.3%
Commercial Vehicles	6,596	7,639	-13.7%	58,915	57,877	1.8%
Total	68,156	65,160	4.6%	571,767	514,449	11.1%
Production
Passenger Cars	65,022	64,701	0.5%	530,668	471,107	12.6%
Commercial Vehicles	4,111	4,688	-12.3%	35,774	37,654	-5.0%
Total	69,133	69,389	-0.4%	566,442	508,761	11.3%

Source: Malaysian Automotive Association (MAA)

Flash report, August 2023

Sep 27, 2023

*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 6.1%, and production decreases by 2.1% in August
On September 15, Malaysian Automotive Association (MAA) announced that new car sales of 71,745 units in August increased by 6.1% over the same month in 2022.
PV (passenger vehicles) sales were up 6.4% to 64,633 units. CV (commercial vehicles) sales were up 3.3% to 7,112 units.
New car sales for the first eight months of 2023 increased 11.6% from the same period in 2022 to 501,552 units.
The number of Malaysian car production for August decreased 2.1% over the previous year to 67,912 units.
New car production for the first eight months of 2023 increased 13.2% from the same period in 2022 to 497,309 units.
Sales in September 2023 is expected to be similar to August 2023's level.

Malaysia - Sales and Production of new Vehicles

Type	Aug. 2023	Aug. 2022	Y-o-Y	Jan.-Aug. 2023	Jan.-Aug. 2022	Y-o-Y
Sales
Passenger Cars	64,633	60,725	6.4%	449,233	399,051	12.6%
Commercial Vehicles	7,112	6,884	3.3%	52,319	50,238	4.1%
Total	71,745	67,609	6.1%	501,552	449,289	11.6%
Production
Passenger Cars	63,242	64,282	-1.6%	465,646	406,406	14.6%
Commercial Vehicles	4,670	5,096	-8.4%	31,663	32,966	-4.0%
Total	67,912	69,378	-2.1%	497,309	439,372	13.2%

Source: Malaysian Automotive Association (MAA)

Flash report, July 2023

Aug 21, 2023

*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 27.5%, and production increases by 28.4% in July
On August 17, Malaysian Automotive Association (MAA) announced that new car sales of 63,676 units in July increased by 27.5% over the same month in 2022.
PV (passenger vehicles) sales were up 30.0% to 57,939 units. CV (commercial vehicles) sales were up 7.0% to 5,737 units.
New car sales for the first seven months of 2023 increased 12.6% from the same period in 2022 to 429,807 units.
The number of Malaysian car production for July increased 28.4% over the previous year to 66,862 units.
New car production for the first seven months of 2023 increased 16.1% from the same period in 2022 to 429,397 units.
Sales in August 2023 is expected to be slightly higher than July 2023 level. This is attributed to the upcoming launch of new car models and the promotional campaigns that certain car companies are preparing for National Day.

Malaysia - Sales and Production of new Vehicles

Type	Jul. 2023	Jul. 2022	Y-o-Y	Jan.-Jul. 2023	Jan.-Jul. 2022	Y-o-Y
Sales
Passenger Cars	57,939	44,574	30.0%	384,600	338,326	13.7%
Commercial Vehicles	5,737	5,360	7.0%	45,207	43,354	4.3%
Total	63,676	49,934	27.5%	429,807	381,680	12.6%
Production
Passenger Cars	62,558	48,002	30.3%	402,404	342,124	17.6%
Commercial Vehicles	4,304	4,059	6.0%	26,993	27,870	-3.1%
Total	66,862	52,061	28.4%	429,397	369,994	16.1%

Source: Malaysian Automotive Association (MAA)

Flash report, June 2023

Jul 25, 2023

*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 1.7%, and production decreases by 3.1% in June
On June 20, Malaysian Automotive Association (MAA) announced that new car sales of 62,569 units in June decreased a by 1.7% over the same month in 2022.
PV (passenger vehicles) sales were down 2.8% to 55,692 units. CV (commercial vehicles) sales were up 8.1% to 6,877 units.
New car sales for the first six months of 2023 increased 10.3% from the same period in 2022 to 366,037 units.
The number of Malaysian car production for June decreased 3.1% over the previous year to 58,051 units.
New car production for the first six months of 2023 increased 14.0% from the same period in 2022 to 362,535 units.
Sales in July 2023 is expected to be maintained at June 2023 level.

Malaysia - Sales and Production of new Vehicles

Type	Jun. 2023	Jun. 2022	Y-o-Y	Jan.-Jun. 2023	Jan.-Jun. 2022	Y-o-Y
Sales
Passenger Cars	55,692	57,272	-2.8%	326,661	293,752	11.2%
Commercial Vehicles	6,877	6,359	8.1%	39,376	37,994	3.6%
Total	62,569	63,631	-1.7%	366,037	331,746	10.3%
Production
Passenger Cars	54,643	55,843	-2.1%	339,846	294,122	15.5%
Commercial Vehicles	3,408	4,042	-15.7%	22,689	23,811	-4.7%
Total	58,051	59,885	-3.1%	362,535	317,933	14.0%

Source: Malaysian Automotive Association (MAA)

Flash report, May 2023

Jun 23, 2023

*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 22.0%, production increases 32.1% in May
On June 16, Malaysian Automotive Association (MAA) announced that new car sales of 61,795 units in May increased 22.0% over the same month in 2022.
PV (passenger vehicles) sales were up 23.2% to 55,135 units. CV (commercial vehicles) sales were up 12.5% to 6,660 units.
New car sales for the first five months of 2023 increased 12.3% from the same period in 2022 to 300,978 units.
The number of Malaysian car production for May increased 32.1% over the previous year to 64,930 units.
New car production for the first five months of 2023 increased 18.0% from the same period in 2022 to 304,484 units.
Sales in June 2023 is expected to be maintained at May 2023 level as demand is still resilient due to high backlogged orders but registration volume might be slightly moderated.

Malaysia - Sales and Production of new Vehicles

Type	May 2023	May 2022	Y-o-Y	Jan.-May 2023	Jan.-May 2022	Y-o-Y
Sales
Passenger Cars	55,135	44,742	23.2%	268,479	236,480	13.5%
Commercial Vehicles	6,660	5,921	12.5%	32,499	31,635	2.7%
Total	61,795	50,663	22.0%	300,978	268,115	12.3%
Production
Passenger Cars	60,391	45,518	32.7%	285,203	238,279	19.7%
Commercial Vehicles	4,539	3,636	24.8%	19,281	19,769	-2.5%
Total	64,930	49,154	32.1%	304,484	258,048	18.0%

Source: Malaysian Automotive Association (MAA)

Flash report, April 2023

May 26, 2023

*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 19.1%, production decreases 24.8% in April
On May 19, Malaysian Automotive Association (MAA) announced that new car sales of 46,583 units in April decreased 19.1 % over the same month in 2022.
PVs (passenger vehicles) sales were down 19.1% to 41,389 units. CVs (commercial vehicles) sales were down 19.6% to 5,194 units.
New car sales for the first four months of 2023 increased 10.0% 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 - Sales and Production of new Vehicles

Type	Apr. 2023	Apr. 2022	Y-o-Y	Jan.-Apr. 2023	Jan.-Apr. 2022	Y-o-Y
Sales
Passenger Cars	41,389	51,146	-19.1%	213,344	191,738	11.3%
Commercial Vehicles	5,194	6,460	-19.6%	25,839	25,714	0.5%
Total	46,583	57,606	-19.1%	239,183	217,452	10.0%
Production
Passenger Cars	38,575	50,724	-24.0%	224,812	192,761	16.6%
Commercial Vehicles	2,585	4,010	-35.5%	14,742	16,133	-8.6%
Total	41,160	54,734	-24.8%	239,554	208,894	14.7%

Source: Malaysian Automotive Association (MAA)

Flash report, March 2023

Apr 19, 2023

*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 7.6%, production increases 27.0% in March
On April 17, Malaysian Automotive Association (MAA) announced that new car sales of 78,849 units in March increased 7.6% over the same month in 2022.
PVs (passenger vehicles) sales were up 7.7% to 70,958 units. CVs (commercial vehicles) sales were up 7.4% to 7,891 units.
New car sales for the first three months of 2023 increased 20.4% from the same period in 2022 to 192,474 units.
The number of Malaysian car production for March increased 27.0% over the previous year to 76,069 units.
New car production for the first three months of 2023 increased 28.7% from the same period in 2022 to 198,394 units.
Sales in April 2023 is expected to be much lower than March 2023 as short working month due to Hari Raya festive holidays.

Malaysia - Sales and Production of new Vehicles

Type	Mar. 2023	Mar. 2022	Y-o-Y	Jan.-Mar. 2023	Jan.-Mar. 2022	Y-o-Y
Sales
Passenger Cars	70,958	65,903	7.7%	171,955	140,592	22.3%
Commercial Vehicles	7,891	7,347	7.4%	20,519	19,254	6.6%
Total	78,849	73,250	7.6%	192,474	159,846	20.4%
Production
Passenger Cars	71,731	55,137	30.1%	186,237	142,037	31.1%
Commercial Vehicles	4,338	4,771	-9.1%	12,157	12,123	0.3%
Total	76,069	59,908	27.0%	198,394	154,160	28.7%

Source: Malaysian Automotive Association (MAA)

Flash report, February 2023

Mar 28, 2023

*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 39.0%, production increase 24.4% in February
On March 22, Malaysian Automotive Association (MAA) announced that new car sales of 62,649 units in February increased 39.0% over the same month in 2022.
PVs (passenger vehicles) sales were up 38.5% to 55,555 units. CVs (commercial vehicles) sales were up 43.5% to 7,094 units.
New car sales for the first two months of 2023 increased 29.5% from the same period in 2022 to 112,128 units.
The number of Malaysian car production for February increased 24.4% over the previous year to 63,798 units.
New car production for the first two months of 2023 increased 29.8% from the same period in 2022 to 122,325 units.
Sales in March 2023 is expected to be higher than February 2023 due to rush for deliveries by companies having their financial year ending on 31 March 2023, Hari Raya festive season promotional campaigns as well as fulfilment of bookings made during the sales exemption period.

Malaysia - Sales and Production of new Vehicles

Type	Feb. 2023	Feb. 2022	Y-o-Y	Jan.-Feb. 2023	Jan.-Feb. 2022	Y-o-Y
Sales
Passenger Cars	55,555	40,119	38.5%	99,500	74,689	33.2%
Commercial Vehicles	7,094	4,943	43.5%	12,628	11,906	6.1%
Total	62,649	45,062	39.0%	112,128	86,595	29.5%
Production
Passenger Cars	59,843	47,445	26.1%	114,506	86,900	31.8%
Commercial Vehicles	3,955	3,846	2.8%	7,819	7,352	6.4%
Total	63,798	51,291	24.4%	122,325	94,252	29.8%

Source: Malaysian Automotive Association (MAA)

Flash report, January 2023

Feb 21, 2023

*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 19.1%, production increases 36.2% in January
On December 17, Malaysian Automotive Association (MAA) announced that new car sales of 49,461 units in January increases 19.1% over the same month in 2022.
PVs (passenger vehicles) sales were up 27.1% to 43,927 units. CVs (commercial vehicles) sales were down 20.5% to 5,534 units.
The number of Malaysian car production for January increases 36.2% over the previous year to 58,527 units.
PVs (passenger vehicles) sales were up 38.5% to 54,663 units. CVs (commercial vehicles) sales were up 10.2% to 3,864 units.
Sales in February 2023 is expected to be higher than January 2023 due to full working month as well as fulfilment of bookings made during the sales tax exemption period.

Malaysia - Sales and Production of new Vehicles

Type	Jan. 2023	Jan. 2022	Y-o-Y
Sales
Passenger Cars	43,927	34,570	27.1%
Commercial Vehicles	5,534	6,963	-20.5%
Total	49,461	41,533	19.1%
Production
Passenger Cars	54,663	39,455	38.5%
Commercial Vehicles	3,864	3,506	10.2%
Total	58,527	42,961	36.2%

Source: Malaysian Automotive Association (MAA)