Malaysia vehicle sales in July second highest in auto industry


Undetermined volume: Aishah says it’s still too early to determine what the quantum will be in September.

PETALING JAYA: Total vehicle sales rose 41% to 68,465 units in July from 48,533 units in the previous corresponding period on the back of lower prices due to the zero-rating of the goods and services tax (GST) currently.

In a statement yesterday, the Malaysian Automotive Association (MAA) said sales last month marked the second highest monthly total industry volume (TIV) achieved in the history of the local automotive industry.

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 , MAA , July , TIV , vehicle , sales , cars , auto , automotive , GST ,

   

Next In Business News

IT buoys GDEX’s confidence
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact
Powering on data centres
CMM seeks feedback on Sector Guides for ESG disclosures
Gadang gets RM280mil data centre job

Others Also Read