Malaysia's auto sales at all-time high of 799,731 units in 2023 - MAA

PETALING JAYA: Malaysia’s total industry volume (TIV) recorded an all-time high of 799,731 units in 2023 versus 721,177 units sold in 2022, the Malaysia Automotive Association said.

President Mohd Shamsor Mohd Zain said the 11 per cent year-on-year (y-o-y) hike was propelled mainly by the passenger cars sub-segment amid a resilient domestic economy and stable socio-political environment.