New Vehicle Sales In Malaysia – January 2018

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New Vehicle Sales In Malaysia – January 2018

For the past two years, the Total Industry Volume (TIV) for the first month of the new year has been hovering around 45,000 units, which is approximately 7% of the total TIV.

It is no different for January 2018, with the TIV closing at 44,575 units.  Also no surprise are the top contributors to the sales volume.

Click to enlarge.

Perodua leads, followed by Honda, Proton, Toyota, Nissan, and Mazda. What is surprising is the difference of Toyota’s and Proton’s year-on-year performance. Both brands suffered a sales reduction of over 2,000 units. Based on data, Toyota's weak January 2018 performance was contributed by sluggish passenger vehicle (sedan, hatchbacks and wagons with 5 seats) sales.

While passenger vehicle still lead the monthly sales, January 2018 was one of the best months for SUV models. New models from Mazda (CX-5), Honda (CR-V), Mitsubishi (Outlander CKD), Peugeot (3008), and Subaru (XV) have certainly contributed to the strong numbers for SUV category.  

Pick-up models continue to lose their appeal, with January performing below the average sales of 2017. Based on MAA data, Toyota (1,096 units) nonetheless still leads the pick-up segment, doubling the sales of what second-placed Nissan can achieve. Mitsubishi trails by just 27 units, with Ford and Isuzu behind.

In the premium segment, Mercedes-Benz still leads BMW by quite a margin. MINI and Volvo are separated but just 2 units of sales, with both selling 71 units and 69 units respectively.

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