MAA: Motor vehicle sales up in March


MAA said total industry volume (TIV) for March was 62.5% higher than February 2022, which was at 45,051 units. It said this was mainly due to an aggressive push for higher sales by companies having their financial year ending on March 31, and also a longer working month.

KUALA LUMPUR: Malaysia’s motor vehicle sales for March rose 12.75% to 73,222 units, from 64,938 units in March 2021, according to the Malaysian Automotive Association (MAA).

MAA, in its monthly update, said of the total, passenger vehicles (PV) accounted for 65,902 units while commercial vehicles (CV) comprised 7,320 units.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

MAA vehicle , sales , March , TIV

   

Next In Business News

Velesto completes offline capabilities upgrade for Naga 5 and 6
China's factory inflation hits 17-month low as pressures ease
JOS Malaysia strikes new dynamic synergy
Ringgit retreats amid mixed sentiment
Hartalega slows capacity expansion amid challenges
Market weakness continues as US July CPI looms
Trading ideas: Hartalega, KLCC Stapled Group, Texchem Resource, Leong Hup, ILB, Green Packet and G3 Global
EXPLAINER-Obstacles to overcome before Ukraine grain deal eases global food crisis
Oil price lower as halted Russian pipeline flows appear temporary, demand fears rise
Nasdaq closes lower as chipmaker Micron's warning renews tech rout

Others Also Read