August new vehicle sales saw a boost of 6.5% over that of July with 51,270 units of passenger and commercial vehicles registered. However, compared to the same month in 2017, the Total Industry Volume (TIV) was 1% lower. The TIV for August was made up of 46,010 passenger vehicles (excluding […]
[Chips Yap]
It’s not really surprising that after the big push by the car companies in May and June for the Hari Raya festive season, new vehicle sales in July dipped. After many customers were persuaded to buy new vehicles in June, the market was a bit ‘fatigued’ by July. And to […]
[Chips Yap]
The year started with uncertainty in how the new car market would do and even the Malaysian Automotive Association (MAA) had forecast only a small increase of 1.7% in the Total Industry Volume (TIV). This increase would see 590,000 new vehicles being registered this year, 10,124 units more than in […]
Half a year has passed and Mercedes-Benz continues to be dominant not just in the global marketplace but also in Malaysia. Presenting the sales figures for the first half of 2017, Mercedes-Benz Malaysia (MBM) reported that it delivered a total of 5,913 vehicles which represented a 2.2% market share (based […]
May was a good month for new vehicle sales as the Total Industry Volume (TIV) ended at 50,600 units. It wasn’t the highest this year (in March, the TIV was 53,717 units) but it was only the second month in 2017 that the volume went past 50,000 units. Compared to […]
[Chips Yap]
The second quarter of the year started off with a lower Total Industry Volume (TIV) than March, with a decline of 20% (10,792 units) to 42,748 units in April. The end of the first quarter had seen a boost in the TIV which was not unusual as some companies which […]
