New vehicle sales in Malaysia rose by 26.6% to 58,299 units in May, from 46,045 units a year earlier, after months of decline following the introduction of tighter lending criteria in January.

Year-earlier sales were affected by the devastating earthquake and tsunami in Japan last year, which disrupted the supply of components to some carmakers.

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The Malaysian Automotive Association, which released the data, said it expected volumes to continue at this level in June.

Sales in the January-May period were down by 4.2% at 244,620 units from 255,413 a year earlier.

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