Vehicle sales decline marginally


MAA was more upbeat about its outlook for March

PETALING JAYA: Sales of passenger and commercial vehicles in Malaysia declined marginally by 1% or 499 units in August compared to a year ago, but increased by 6.5% or 3,167 units compared to the previous month.

The Malaysian Automotive Association (MAA) said the month-on-month increase was on the back of promotional campaigns by car companies as well as the fulfilment of back orders as the “e-daftar” system returned to normalcy.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , car , sales , production MAA , auto , automotive , vehicles ,

   

Next In Business News

Asian equities slip on Fed decision; Indonesia drops as inflation rate eases
TA Investment declares distributions for two funds
Yinson Production completes US$1.3bil project financing for Agogo FPSO
ACE Market-bound Smart Asia chemical aims to raise RM37.4mil from IPO
Pandora raises full-year forecast on strong U.S. sales
Anwar: Microsoft's new US$2.2bil investment is its largest single investment in Malaysia
Shell beats expectations with $7.7 bln first-quarter profit
Asia stocks rise as Fed tamps down hike fears; yen leaps
Standard Chartered Q1 profit rises 5.5%, beats estimates
Oil prices rebound on prospect of US replenishing strategic reserve

Others Also Read