New vehicle sales in Malaysia fell by 5.3% to 53,631 units in June, from 56,650 units a year earlier, according to data released by the Malaysian Automotive Association (MAA).

This followed a 15% sales decline in May with consumer uncertainty during the general election period and expectations of broad-based, government-induced vehicle price cuts holding back sales. 

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With much of the uncertainty removed, the market is expected to stabilise in the second half of 2013. The association still expects full-year sales to reach 640,000 units, from just under 628,000 units in 2012.

Cumulative sales for the first half of 2013 were up by just over 4% at a record 313,488 units, from 301,269 units in the same period of 2012.

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