China sees autos as a consumption lever
CHINA unveiled on Tuesday a list of 40 pilot cities for automobile consumption-boosting initiatives, a move aimed at removing unreasonable restrictions and cultivating new consumption scenarios that integrate commerce, tourism, culture and sports.
Inokom stays ahead of the curve by building on global automakers’ trust
Malaysia's automotive assembly capabilities have been further strengthened by Inokom Corp Sdn Bhd, whose contract assembly operations have earned the trust of leading global automotive brands through consistently high manufacturing standards.
Auto sector holds steady
The automotive market in Malaysia has remained relatively insulated despite rising fuel prices stemming from the Middle East conflict and reduced traffic through the Strait of Hormuz.
Demand for child safety seats rises in Vietnam
Demand for child safety seats surges ahead of a July 1 requirement for young children to use restraint systems in cars, but no testing or certification body has yet been authorised to certify the products.
Softer sentiment to weigh on vehicle sales this year
PETALING JAYA: Analysts have mostly adopted a cautious outlook on the automotive sector, after the latest new vehicle sales or total industry volume (TIV) posted a 15% drop month-on-month (m-o-m) and fell 12% year-on-year (y-o-y) to 61,300 units in May, following two consecutive months of growth.
Automotive industry’s TIV fell 15% to 61,250 units in May
KUALA LUMPUR: Malaysia's automotive industry recorded a 15 per cent decline in total industry volume (TIV), falling to 61,250 vehicles in May 2026, compared to 72,113 vehicles in April 2026.
Perodua reduces service maintenance parts price by up to 10%
KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is reducing the price of its service maintenance parts, including labour, by up to 10 per cent, beginning June 19.
Vehicle sales forecast to increase in 4Q26
BIMB Securities Research maintains its automotive sector's full-year 2026 total industry volume (TIV) forecast at 740,000 units.
Perodua EV repricing might ramp up sales
Perodua's repricing of its QV-E electric vehicle (EV) and the introduction of an outright purchase option could help drive demand for the model, says Hong Leong Investment Bank (HLIB) Research.
Automakers shift focus to premium lines
Automakers are already working around the discounting competition in the local automotive industry by focusing on other more profitable segments, a strategy that could help cushion margins as price wars intensify in the automotive industry.
