MAA forecasts 17.9% rise in TIV to 600,000 units for 2022


MAA president Datuk Aishah Ahmad

KUALA LUMPUR: The Malaysian Automotive Association (MAA) has forecast a 17.9 per cent growth in total industry volume (TIV) to 600,000 units for 2022 from 508,911 units recorded in 2021.

President Datuk Aishah Ahmad said passenger and commercial vehicles are expected to record sales of 540,000 and 60,000 units, respectively, this year.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MAA , TIV , Passenger vehicles , vehicles sales

Next In Business News

Oil prices slide 2% on Iran-Oman talks to reopen Strait of Hormuz
Corporate earnings to drive individual stock performance
Ringgit opens higher against US$ as US Treasury yields ease
Trading ideas: Geohan, MNRB, Asteel, Sorento, WCE, Khee San, Pestec, KLK, Sime Property, SunCon, Matrix, Zetrix, Batu Kawan, Guan Chong, Ajinomoto, Cahya Mata
NationGate to ride on higher production yields
Granite Asia nets US$500mil for private credit fund
Buyers�circle Warner assets with Paramount legal fight extended
IJM Corp’s ICP to provide opportunities via new plant
Port Klang to lift Cargill’s specialty fats output
Sound prospects for DRB-Hicom

Others Also Read