Tag: sales

October new vehicle sales rose by 20.7%

October new vehicle sales rose by 20.7%

New vehicle registrations for the month of October 2012 totalled 55,358 units, an increase of 20.7% in the Total Industry Volume (TIV) or 9,486 units more than the TIV in September. In the same month last year, the TIV was 53,615 units. The Malaysian Automotive Association (MAA) which has been […]

Perodua sales better in 2012

Perodua sales better in 2012

In spite of being affected by issues relating to loan approvals for its customers, Perodua’s sales for the first 9 months of this year have increased 10% to 139,400 vehicles compared to the same period last year, the company reported. The reason for the increase is said to be due […]

Imported BMWs most popular in China

Imported BMWs most popular in China

Given the size of China and the gigantic new vehicle market, it can take a while for even the authorities to compile all the data from different regions to get an idea of market conditions. It was established that some 14.5 million new vehicles were registered in 2011 (2 million […]

Honda aims to double sales volume by 2017

Honda aims to double sales volume by 2017

By 2017, Honda is aiming to be selling 6.1 million vehicles worldwide, double the volume it is at today. The company expects to be able to achieve this by ‘solidifying sales in advanced counties and growing dramatically in emerging nations’, according to Takanobu Ito, Honda’s President & CEO, who spoke […]

Lower vehicle sales in August

Lower vehicle sales in August

New vehicle registrations for the month of August 2012 totalled 51,823 units, a drop of 12.9% or 7,644 compared to July. According to the Malaysian Automotive Association (MAA) which compiles market data, the decline was attributed to the long festive breaks for Hari Raya and Merdeka. The cumulative Total Industry […]

Why there is no Market Report

Why there is no Market Report

It was a surprise to be informed by the secretariat of the Malaysian Automotive Association (MAA) that there would not be a summary of vehicle sales and production for the month of July. This is probably the first time that the association has not issued its monthly summary and it has […]

ASEAN vehicle sales to reach 4.7 million units by 2018

ASEAN vehicle sales to reach 4.7 million units by 2018

The ASEAN region is set to become the 6th biggest automotive market globally by 2018, with vehicle sales almost doubling to nearly 4.7 million units (compared to 2.4 million in 2011), predicts Frost & Sullivan.  So far, none of the ASEAN countries has featured in the top ten markets globally […]

The Malaysian market in the first six months of 2012

The Malaysian market in the first six months of 2012

The total number of new vehicles registered in Malaysia for the first six months of 2012 was 301,224 units, an increase of 4,021 units or 1.4% higher than for the same period in 2011. This increase in the Total Industry Volume (TIV) occurred in spite of the fact that other […]

Perodua confident can meet 2012 sales target

Perodua confident can meet 2012 sales target

Though affected by Bank Negara’s insistence on more stringent processing of hire-purchase (H-P) loans, Perodua is maintaining its target of 188,000 sales this year. Up till the end of June 2012, the company sold some 93,000 units, 17% higher than the volume sold in the same 6 months last year. […]

Still over 600,000 units in 2012

Still over 600,000 units in 2012

Frost & Sullivan is maintaining Malaysia’s Total Industry Volume (TIV) forecast of 612,000 units for this year, believing its forecast is still achievable despite the stricter lending guidelines by Bank Negara Malaysia. “Stricter lending rules mostly impacted entry-level vehicles such as the Perodua Viva and Proton Saga,” said Kavan Mukhtyar, […]