MALAYSIA: Malaysian sales up 10% on discounting
New vehicle sales in Malaysia increased by 10.5% to 53,365 units in November, compared with 47,755 a year earlier, according to local reports citing government registration data.
This brings total year-to-date sales for the first eleven months of 2012 to 567,170 units, although the market will likely struggle to reach the Malaysian Automotive Association’s (MAA) full-year forecast of 815,000 units – compared with 600,123 units sold in 2011.
Helping to drive sales growth in November was heavy discounting and promotional activity by foreign brands, which helped them gains market share at the expense of Proton and Perodua.
This QUBE report from just-auto provides a comprehensive overview of the global electrified vehicles sector, major OEM developments, top 14 markets, technology trends and market projections. Use this ...
The Malaysian automotive industry is expecting competition in the local market to intensify as the government reduces excise duties further to lower new car prices....
Malaysia's Proton Holdings is expected to unveil new models and announce new collaborative agreements over the next year, according to local industry sources....
- COMMENT: US JLR plant likely to get a warm welcome
- THE WEEK THAT WAS: Paris, the US, Sweden...
- VEHICLE ANALYSIS: 2014 Kia Sportage
- Special management briefing: Paris reflections (2)
- Special management briefing: Paris reflections (1)
- JLR eyes US southern states 'transplant' - paper
- Tesla outsells rivals as Europe sales rise 6%
- JLR looks to increase home supply content
- Ford announces new engine investment for Dagenham
- JLR starts Discovery Sport production
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn
- Ford Motor Company - Strategy and SWOT Report
- PLDB - vehicle cycle plan database (annual subscription)
- Global light vehicle safety systems market- forecasts to 2029
- LMC Automotive's European Passenger Car Production Estimates (annual subscription)