Malaysia's new vehicle sales drop 8.3% in October 2024


— IZZRAFIQ ALIAS/The Star

KUALA LUMPUR: Malaysia’s new vehicle sales fell 8.3% to 69,859 units in October from 76,173 units in the same month last year, according to the Malaysian Automotive Association (MAA).

The association said in October 2024, 64,322 unit passenger vehicles were sold, down 6% from the 68,721 units sold in October 2023, while sales of commercial cars tumbled 26% to 5,537 units from 7,452 units.

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

Next In Business News

Ringgit closed mostly higher against major currencies, slightly lower versus US dollar
Hong Seng to recoup RM63.6mil debt with 184 Kajang apartments
Teraju introduces new fund to accelerate scaling of Bumiputera companies in Sabah
Crescendo disposes of Johor land for RM347mil
MCE to acquire 50% stake in FP Project for RM1.9mil
MTT Shipping and Logistics IPO oversubscribed 2.7 times ahead of Main Market listing
FBM KLCI slips on profit-taking amid ceasefire uncertainty
Dollar steadies but struggles to bounce back as fragile US-Iran ceasefire keeps markets wary
Alliance Bank offers targeted relief to support customers amid global uncertainties
S P Setia previews Erica terrace homes in Sepang with GDV of RM93.6mil

Others Also Read