Tag: TIV

Sales decline stops with March sales rising by 26.5%

Sales decline stops with March sales rising by 26.5%

Finally, after two consecutive months of decline, the market picked up again with the Total Industry Volume (TIV) of newly-registered vehicles in March rising by an impressive 26.5% over the February TIV. Granted, the February numbers had fallen substantially but even when compared to the same month in 2016, there […]

13% drop in new vehicle sales in 2016

13% drop in new vehicle sales in 2016

Although the Malaysian Automotive Association (MAA) had started off 2016 with the forecast of 650,000 units for the year’s Total Industry Volume (TIV), by the middle of the year, it was apparent that the figure was optimistic. In the first 6 months, only 275,459 new vehicles had been sold and […]

Another month of decline in new vehicle sales

Another month of decline in new vehicle sales

While October 2015 saw sales on a rising trend for the last quarter of the year, it appears that the same cannot be said for 2016 with a second month of decline in the Total Industry Volume (TIV) for October. Members of the Malaysian Automotive Association (MAA) reported a total […]

2015 Market Report

2015 Market Report

Automobile sales are cyclical, rising and falling over a period of time, and this has been apparent for decades. Market forces and global economic conditions affect the trend occasionally but in Malaysia, there is also the added influence of government policies that can sometimes impact the market significantly. Usually, the […]

Last push before the year ends?

Last push before the year ends?

Sales of new vehicles were up for a second consecutive month in November, though just by a small number. The Total Industry Volume (TIV) of 56,092 vehicles was 0.5% higher than for October with both passenger vehicles and commercial vehicles showing equal increases. A year earlier, the November TIV had […]