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Home News Auto News October 2018 New Vehicle Sales – Returned To Normal Level October 2018 New Vehicle Sales – Returned To Normal Level Auto News Siew Weng | November 28, 2018 06:17 pm After the meagre performance of September, new vehicle sales in Malaysia have returned to a normal level of over 40,000 units for the month of October.Data collated by the Malaysian Automotive Association (MAA) revealed that the Total Industry Volume (TIV) in October 2018 hit 47,273 units. The TIV up to October 2018 is thus 502,244 units, which is over 29,500 units more (or 6.2%) than the same period last year.While the new sales tax structure resulted in lower vehicle prices (compared to GST era), many automotive companies offered plenty of promotions to keep consumers interested in new vehicle purchases.Further to add, some companies such as Mazda absorbed the increase in price during deliveries of new vehicles that were booked during the three-month zero GST.Thanks to the resumption of Perodua Myvi production, which was zero units in September, the company manage to shift a total of 19,528 units (Myvi, Axia, Bezza, and Axia) in October.The total production output in October also returns to the 50,000 units-level, a rare occurrence during the tail end of the year.Mazda meanwhile is on course to achieve another strong year, as sales in the first ten months of 2018 have reached 12,698 units, surpassing their 2016 total annual sales of 12,493. The company achieved their best annual sales in 2015 with over 14,000 units delivered to customers.Strong deliveries (755 units) of the Nissan Serena and Grand Livina saw the make overtake Honda BR-V (734 units) in the MPV segment. Toyota with the Innova and Sienta models meanwhile managed to register total sales of 778 units.The MAA has reiterated that the TIV for 2018 will be 585,000 units. The figure is well within the range given that an average monthly sales of 41,400 units is not too challenging now. ✕ 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 MAA sales TIV Print Related News April 2016’s New Vehicle Sales – Downward Spiral Continues Auto News Hans | May 19, 2016 There seems to be no end in sight yet for Malaysia’s automotive sector as new vehicle sales continues to spiral down for the fourth consecutive month ... June 2016’s New Vehicle Sales – Moderate Growth, Cautious Buyers Auto News Hans | July 25, 2016 Malaysia’s auto sector grew by nearly 30 percent month-on-month in June 2016 but year-to-date sales are still 15 percent lower than the same ... July 2016 New Vehicle Sales – Someone Left The Handbrakes On Auto News Hans | September 09, 2016 After the 28 percent month-on-month increase in new vehicle sales recorded in June, July saw sales tumbling down by 26 percent, negating much of the ... August 2016 New Vehicle Sales – Some Improvements Seen Insights Hans | September 27, 2016 After the massive washout experienced in July, where Malaysia’s new car sales dropped by 26 percent month-on-month, August’s numbers offered some ... Comments
October 2018 New Vehicle Sales – Returned To Normal Level Auto News Siew Weng | November 28, 2018 06:17 pm After the meagre performance of September, new vehicle sales in Malaysia have returned to a normal level of over 40,000 units for the month of October.Data collated by the Malaysian Automotive Association (MAA) revealed that the Total Industry Volume (TIV) in October 2018 hit 47,273 units. The TIV up to October 2018 is thus 502,244 units, which is over 29,500 units more (or 6.2%) than the same period last year.While the new sales tax structure resulted in lower vehicle prices (compared to GST era), many automotive companies offered plenty of promotions to keep consumers interested in new vehicle purchases.Further to add, some companies such as Mazda absorbed the increase in price during deliveries of new vehicles that were booked during the three-month zero GST.Thanks to the resumption of Perodua Myvi production, which was zero units in September, the company manage to shift a total of 19,528 units (Myvi, Axia, Bezza, and Axia) in October.The total production output in October also returns to the 50,000 units-level, a rare occurrence during the tail end of the year.Mazda meanwhile is on course to achieve another strong year, as sales in the first ten months of 2018 have reached 12,698 units, surpassing their 2016 total annual sales of 12,493. The company achieved their best annual sales in 2015 with over 14,000 units delivered to customers.Strong deliveries (755 units) of the Nissan Serena and Grand Livina saw the make overtake Honda BR-V (734 units) in the MPV segment. Toyota with the Innova and Sienta models meanwhile managed to register total sales of 778 units.The MAA has reiterated that the TIV for 2018 will be 585,000 units. The figure is well within the range given that an average monthly sales of 41,400 units is not too challenging now. ✕ 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 MAA sales TIV
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.
April 2016’s New Vehicle Sales – Downward Spiral Continues Auto News Hans | May 19, 2016 There seems to be no end in sight yet for Malaysia’s automotive sector as new vehicle sales continues to spiral down for the fourth consecutive month ...
June 2016’s New Vehicle Sales – Moderate Growth, Cautious Buyers Auto News Hans | July 25, 2016 Malaysia’s auto sector grew by nearly 30 percent month-on-month in June 2016 but year-to-date sales are still 15 percent lower than the same ...
July 2016 New Vehicle Sales – Someone Left The Handbrakes On Auto News Hans | September 09, 2016 After the 28 percent month-on-month increase in new vehicle sales recorded in June, July saw sales tumbling down by 26 percent, negating much of the ...
August 2016 New Vehicle Sales – Some Improvements Seen Insights Hans | September 27, 2016 After the massive washout experienced in July, where Malaysia’s new car sales dropped by 26 percent month-on-month, August’s numbers offered some ...