Tag: TIV

New year starts off with drop in new vehicle sales

New year starts off with drop in new vehicle sales

Not surprisingly, new vehicle sales in the first month of 2018 were lower than the month before. With aggressive end-of-year promotions as part of the effort to clear 2017 stocks before the new year began, many companies recorded a boost in sales and the December Total Industry Volume (TIV) of […]

Some cheer for the industry with sales up in October

Some cheer for the industry with sales up in October

October brought some cheer to the industry with an increase in the Total Industry Volume (TIV) of new vehicles registered. Compared to the month before when there were many holidays so the selling days were less, October’s TIV was 14.9% higher, or 6.085 units more. When comparing to the same […]

New vehicle sales

3.3% growth in new vehicle sales this year

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 […]