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PETALING JAYA: Amid the lockdown, August’s passenger and commercial vehicle sales saw a steep year-on-year (y-o-y) decline to 17,500 units from 53,838 units in the same month a year ago.
KUALA LUMPUR: Bermaz Auto Bhd said the two-month closure of its showrooms due to the full lock down imposed by the government has impacted its results in the first quarter ended July 31.
KUALA LUMPUR: Malaysian vehicle sales are expected to start picking up from this month, driven by easing economic activity restrictions in key states like Selangor and Kuala Lumpur.
Industry incurs massive losses since June 1
KUALA LUMPUR: After a plunge in sales in June and July due to the restrictions under the Movement Control Order (MCO), the Malaysian Automotive Association (MAA) has turned more optimistic for August as showroom in many states are allowed to open.
KUALA LUMPUR: Car dealers in the country posted total losses of more than RM14bil in June and July due to plunge in sales of vehicles in the domestic market, revenue loss from the closure of showroom.
PETALING JAYA: Businesses must ensure their employees and customers are fully vaccinated if their sectors should be allowed to operate under the National Recovery Plan (NRP).