KUALA LUMPUR: The Malaysian Automotive Association (MAA) said the automotive sector’s total industry volume (TIV) for passenger and commercial vehicles saw a 13 per cent growth in August to 71,745 units from July’s 63,676 units.
In a statement today, MAA said this "strong growth” marked the second-highest monthly sales this year after March’s TIV of 78,849 units.
"The positive growth recorded was due to overall better performances across the board, improved supply chain and also the National Day promotional campaigns by some car companies," it said in a statement today.
For the first eight months of this year, sales surged to 501,552 units versus 449,289 units for the same period last year.
Vehicle sales for September are expected to be similar to August’s level, the statement said.
The statement said August’s total industry production was 67,912 units versus July’s 66,862 units. - Bernama