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Home News Auto News Malaysia New Car Sales Dropped Another 12% in May Malaysia New Car Sales Dropped Another 12% in May Auto News Sep Irran Halid | June 20, 2022 05:12 pm Malaysia's Total Industry Volume (TIV) in new car sales for May 2022 stood at 49,603 units - a drop of 12% compared to April 2022. According to the sales stats presented by the Malaysian Automotive Association (MAA), the reasons contributing to this drop were due to two main aspects: Short working month due to the Hari Raya festive holidays Shortage of chips and components and logistics delay disruptions continue to affect some manufacturers On a positive note, the Year-To-Date sales volumes comparison between May 2022 and May 2021 saw an improvement. Compared to the 49,603 units sold in May 2022, May 2021 was 2,396 units down at 47,207 units. Looking at the projections for June 2022, MAA stated that there's a possibility that these figures will further improve due to the SST exemption finally coming to an end on 30 June 2022. Those who wish to enjoy the sales tax exemption may place their booking before this month's end and get the new cars registered before March 2023. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags malaysian automotive association MAA Malaysia car sales May 2022 Malaysia TIV May 2022 new car sales Malaysia Print Sep Irran Halid Content Producer Sep is a firm believer in the saying "Slow is smooth, smooth is fast" rather than "When in doubt, throttle it out". Drive safely, ride defensively, and most importantly, don't get hangry. Related News Over 20 brands to offer exciting Raya deals at MAA My Auto Fest 2016 Auto News Gokul | March 24, 2016 Car buyers who are on the lookout for attractive offers on the latest models are in for a treat very soon as the inaugural My Auto Fest 2016 is all ... Bad economy? New car sales in 2023 to exceed 720k says MAA Auto News Sep Irran Halid | December 18, 2023 The Malaysian Automotive Association (MAA) has projected that the county's new car sales figure for 2023 will end with yet another new record that ... MAA Pleads To Government To Allow Auto Industry To Restart Auto News Adam Aubrey | July 21, 2021 The MAA is pleading to the Malaysian government to allow the automotive sector to resume as more and more businesses are getting severely affected by ... New Vehicle Sales Increased 36% In August 2022 - 66,614 Units Auto News Sep Irran Halid | September 20, 2022 The Malaysia Automotive Association (MAA) reported that the new vehicle sales for the month of August 2022 saw a 36% increase compared to July.The ... Comments
Malaysia New Car Sales Dropped Another 12% in May Auto News Sep Irran Halid | June 20, 2022 05:12 pm Malaysia's Total Industry Volume (TIV) in new car sales for May 2022 stood at 49,603 units - a drop of 12% compared to April 2022. According to the sales stats presented by the Malaysian Automotive Association (MAA), the reasons contributing to this drop were due to two main aspects: Short working month due to the Hari Raya festive holidays Shortage of chips and components and logistics delay disruptions continue to affect some manufacturers On a positive note, the Year-To-Date sales volumes comparison between May 2022 and May 2021 saw an improvement. Compared to the 49,603 units sold in May 2022, May 2021 was 2,396 units down at 47,207 units. Looking at the projections for June 2022, MAA stated that there's a possibility that these figures will further improve due to the SST exemption finally coming to an end on 30 June 2022. Those who wish to enjoy the sales tax exemption may place their booking before this month's end and get the new cars registered before March 2023. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags malaysian automotive association MAA Malaysia car sales May 2022 Malaysia TIV May 2022 new car sales Malaysia
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Over 20 brands to offer exciting Raya deals at MAA My Auto Fest 2016 Auto News Gokul | March 24, 2016 Car buyers who are on the lookout for attractive offers on the latest models are in for a treat very soon as the inaugural My Auto Fest 2016 is all ...
Bad economy? New car sales in 2023 to exceed 720k says MAA Auto News Sep Irran Halid | December 18, 2023 The Malaysian Automotive Association (MAA) has projected that the county's new car sales figure for 2023 will end with yet another new record that ...
MAA Pleads To Government To Allow Auto Industry To Restart Auto News Adam Aubrey | July 21, 2021 The MAA is pleading to the Malaysian government to allow the automotive sector to resume as more and more businesses are getting severely affected by ...
New Vehicle Sales Increased 36% In August 2022 - 66,614 Units Auto News Sep Irran Halid | September 20, 2022 The Malaysia Automotive Association (MAA) reported that the new vehicle sales for the month of August 2022 saw a 36% increase compared to July.The ...