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Vehicle sales fall 15% in May


  • Auto
  • Thursday, 21 Jun 2018

In a statement yesterday, the Malaysian Automotive Association (MAA) said the announcement of zero-rated Goods and Services Tax (GST) on May 16 had resulted in market uncertainties.

In a statement yesterday, the Malaysian Automotive Association (MAA) said the announcement of zero-rated Goods and Services Tax (GST) on May 16 had resulted in market uncertainties.

PETALING JAYA: Vehicle sales fell 15% to 42,983 units in May 2018 from 50,594 units in the previous corresponding period, marking the fourth consecutive month this year that car sales have been declining.

In a statement yesterday, the Malaysian Automotive Association (MAA) said the announcement of zero-rated Goods and Services Tax (GST) on May 16 had resulted in market uncertainties.

Auto , Automotive , Corporate News , Auto , sales , May

   

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