MAA revises up 2024 vehicle sales forecast to 765,000 units


Malaysian Automotive Association (MAA) president Mohd Shamsor Mohd Zain.— MUHAMAD SHAHRIL ROSLI/The Star

KUALA LUMPUR: The Malaysian Automotive Association (MAA) has revised its new motor vehicle sales forecast for 2024 to 765,000 units from its previous estimate of 740,000.

President Mohd Shamsor Mohd Zain said the forecast for the total industry volume (TIV) comprises a higher number of passenger vehicles at 696,150 units and a lower number of commercial vehicles at 68,850 units versus the initial estimates of 666,000 and 74,000 units, respectively.

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MAA , forecast , TIV , Mohd Shamsor Mohd Zain

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