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Thursday, 21 September 2017 07:24

Vehicle sales decline marginally

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The Malaysian Automotive Association (MAA) said the month-on-month increase was on the back of promotional campaigns by car companies as well as the fulfilment of back orders as the “e-daftar” system returned to normalcy

PETALING JAYA: Sales of passenger and commercial vehicles in Malaysia declined marginally by 1% or 499 units in August compared to a year ago, but increased by 6.5% or 3,167 units compared to the previous month.

The Malaysian Automotive Association (MAA) said the month-on-month increase was on the back of promotional campaigns by car companies as well as the fulfilment of back orders as the “e-daftar” system returned to normalcy.

Year-to-date, sales of passenger vehicles increased 5.2% to 345,283 units, while sales of total industry vehicles, which comprise passenger vehicles and commercial vehicles, was 4% higher than the same period a year ago.

The association said in a statement it expected sales volume for this month to be maintained at the same level as last month.

It said this was in line with ongoing promotional campaigns by carmakers and September being a short working month.

http://www.thestar.com.my/business/business-news/2017/09/21/vehicle-sales-decline-marginally/

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