Friday 29 Mar 2024
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KUALA LUMPUR (Oct 16): Vehicle sales for September fell by a sharp, 13.1% year-on-year to 47,771 units, as anticipation for the launch of Perodua Axia and Proton Iriz affected bookings for other models, said the Malaysian Automotive Association (MAA).

According to the trade group, both the passenger and commercial vehicle segments recorded lower sales in September, with volume for the former dropping to 41,397 units from 48,411 units in the same month last year, while volume for the latter declined to 6,374 units from 6,534 units previously.

Still, on a year-to-date basis, MAA pointed out total industry volume sales was 1% higher at 492,305 units, against 487,970 units in the same period last year.

On outlook, MAA said sales volume for October is expected to be better than for August, with the delivery of the Perdoua Axia and Proton Iriz, although consumers are expected to continue to face stricter loan requirements.

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