MAA’s report shows a significant rise in Malaysia vehicle sales

MAA’s report shows a significant rise in Malaysia vehicle sales

KUALA LUMPUR: It was only recently that Malaysia Automotive Association (MAA) announced the country’s vehicle sales report for August.

KEY TAKEAWAYS

  • How many cars were sold in Malaysia in August 2022?

    A total of 66,614 vehicles were sold in Malaysia in Aug 2022.
  • To everyone’s surprise despite the ongoing shortage of chips and components, vehicle sales in Malaysia grew. Yes, that’s true and too by a good 36 percent over the previous month. In July, a total of 48,922 units were sold and last month 66,614 vehicles found homes. The latter includes bookings received prior to July 30,2022 that were exempted from sales tax.

    Malaysia Automotive Association

    Also Read: UMW Toyota reveals August sales results; gearing up for Veloz launch

    For those who are aware, the SST exemption was introduced two years back on June15,2020 and it offered 50 percent expansion for imported and 100 percent exemption for locally assembled cars. Also, buyers who booked their vehicle during the tax holiday phase have until March 31, 2023, to register their unit with the Road Transport Department to benefit from the tax relief.

    Coming back to the over 66k August vehicle sales, it shows a 270 percent hike over the same period last year, wherein only 17,923 units were sold. All thanks to the reopening of the economy.

    Malaysia Automotive Association Aug sales

    Sales of passenger vs commercial vehicles

    As per MMA’s report, the sales of passenger vehicles went up from 15,475 (Aug 2021) to 59,766 units (Aug 2022). Commercial vehicle sales went up from 2,448 to 6,845 units.

    As for year-to-date sales, the table below shows the complete information.

    Year-to-date

    2022

    2021

    Passenger Vehicle

    397,100 units

    244,623 units

    Commercial Vehicle

    50,109 units

    29,977 units

    Total

    447,209 units

    274,600 units

     

    Malaysia Automotive Association Aug 2022 sales

    Total vehicle production 

    Like the total vehicle sales, the total vehicle production also saw a significant increase. The figures and percentages are given below.

    Vehicle production 

    % rise or fall

    Units produced

    August 2022

    400% rise 

    69,378 units 

    Year-to-date

    70% rise

    439,372 units


    Also Read: Toyota & Lexus had a strong sales run during first-half of 2022

    Purva Jain

    Purva Jain

    Purva is a crazy admirer of cars and she has got a lot of expertise in their detailing. Though, she has mastered in Economics but cars have always been her field of interest. She is an introvert in talking but when it comes to cars and the latest news regarding them she talks like hell. Exploring new cars as well as the vintage machines is listed in her hobbies while getting to know about the history behind the same are the things which she enjoys the most. She may seem silent from the outside but inside her is a volcano erupting to engulf the mean machines.

    Read Full Bio

    Sell your car at the best price

    Verified and genuine buyers Verified and genuine buyers
    Free listing Free listing
    List your car

    You might also be interested in

    • News
    • Featured Stories
    • Upcoming
    • Proton e.MAS 7 ev
      Proton e.MAS 7
      Price coming soon
      Expected Launch Dec, 2024 Alert Me When Launched
    • Toyota Yaris Cross
      Toyota Yaris Cross
      RM 130,400 Expected Price Kuala Lumpur
      Expected Launch Dec, 2024 Alert Me When Launched
    • Toyota Hilux Champ
      Toyota Hilux Champ
      RM 59,000 Expected Price Kuala Lumpur
      Expected Launch Dec, 2024 Alert Me When Launched
    • Perodua EM-O ev
      Perodua EM-O
      Price coming soon
      Expected Launch Dec, 2024 Alert Me When Launched
    • Chery Tiggo 8 Pro PHEV phev
      Chery Tiggo 8 Pro PHEV
      Price coming soon
      Expected Launch Dec, 2024 Alert Me When Launched

    Latest Car Videos on Zigwheels

    Zigwheels
    • ZEEKR X and ZEEKR 009 now open for booking in Malaysia
      ZEEKR X and ZEEKR 009 now open for booking in Malaysia
      15 Oct, 2024 .
    • 2024 smart#3 Pro review - The ideal daily?
      2024 smart#3 Pro review - The ideal daily?
      15 Oct, 2024 .
    • BMW i5 REALLY the Best EV for City Driving? Let's find out
      BMW i5 REALLY the Best EV for City Driving? Let's find out
      15 Oct, 2024 .
    • GMW Haval H6 | Review
      GMW Haval H6 | Review
      27 Sep, 2024 .
    • Leapmotor C10 Previewed in Malaysia
      Leapmotor C10 Previewed in Malaysia
      27 Sep, 2024 .
    • 2024 Mitsubishi Xpander Facelift is here! Starting from RM99,980
      2024 Mitsubishi Xpander Facelift is here! Starting from RM99,980
      23 Sep, 2024 .
    • 2024 Mercedes-Benz E-Class and GLC350e
      2024 Mercedes-Benz E-Class and GLC350e
      23 Sep, 2024 .
    • BYD’s got some exciting stuff going on at Sime Darby Motor's AutoMania this weekend!
      BYD’s got some exciting stuff going on at Sime Darby Motor's AutoMania this weekend!
      23 Sep, 2024 .
    • 2024 Peugeot 408 review - Striking design, great performance - worth the Premium?
      2024 Peugeot 408 review - Striking design, great performance - worth the Premium?
      04 Sep, 2024 .
    • First Look: Dongfeng Box EV Preview in Malaysia - October Launch, Specs & Features Unveiled!
      First Look: Dongfeng Box EV Preview in Malaysia - October Launch, Specs & Features Unveiled!
      28 Aug, 2024 .
    Watch Car Videos

    Compare

    You can add 3 variants maximum*