PETALING JAYA: Malaysia’s automotive total industry volume (TIV) in November increased 5.9% to 55,313 units from 52,252 units in the previous corresponding period, driven by year-end promotional campaigns and new model launches, according to the Malaysian Automative Association (MAA).
In a statement yesterday, it said the passenger vehicle segment recorded higher sales of 48,622 units last month compared with 45,749 units in the corresponding month last year, while sales of commercial vehicles rose to 6,691 units in November 2014 from 6,503 units a year earlier.