August vehicle sales pick up on-month


MAA was more upbeat about its outlook for March

KUALA LUMPUR: Vehicle sales rose 6.5% to 51,720 units in August 2017 from July and the Malaysian Automotive Association (MAA) expects the sales to be maintained in September.

The trade body said on Wednesday sales volume rose by 3,167 units from July, boosted by promotional campaigns by car companies and due to the fulfilment of back orders as the e-registration system was back on track.

“Sales volume in August 2017 was 1% or 499 units lower than a year ago,” it said. Of the 51,720 units, passenger cars accounted for 46,010 units and the rest were commercial vehicles.

Production was slightly higher at 43,688 units compared with 43,452 units a year ago.

The MAA said the total industry volume from January-August was up 3.9% at 384,730 units from the 370,152 vehicles in the previous corresponding period.

Year-to-date, vehicle production dipped 0.7% to 342,958 units from 345,512.

On the outlook for September, the MAA expected sales volume to be maintained at the August levels.

Among the factors were the shortworking month and the on-going promotional campaigns by the car companies.

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