KUALA LUMPUR: National carmakers are expected to sustain their sales momentum into 2026, supported by Perodua’s strong position in the entry-level and affordable segments and Proton’s robust sales growth, according to Hong Leong Investment Bank (HLIB) Research.
In a note, HLIB Research said it has maintained its total industry volume (TIV) forecast at 800,000 units for 2026, driven by the strong performance of national original equipment manufacturers.
“TIV increased by 18.4% year-on-year to 69,600 units in September 2026, primarily due to the low base effect from longer maintenance shutdowns.
“On a month-on-month basis, TIV saw a 4.2% decline as consumers adopted a wait-and-see approach ahead of Budget 2027.”
Meanwhile, electric vehicle sales reached 53,500 units, an 8.9% market share.
Perodua and Proton commanded a combined market share of 66.3% during the period, up from 62.1% in 2025. — Bernama
