Passenger car sales in Malaysia rose 3.5% in November from the same month last year to 28,050 units from 27,110, a trade body said on Tuesday.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Total November sales, including commercial vehicles, grew 7.2% to 38,633 units, from 36,030 in the same month last year, the Malaysian Automotive Association said in a statement cited by Kyodo News.
The relatively smaller rise in sales was due to a shorter working month in November due to holidays to mark the religious holidays of Eid al-Fitr and Diwali, the association said.
Also, finance firms were more selective in giving out credit for vehicle purchases, it said.
In October, total sales soared 29.1% to record monthly-high of 56,696 units, helped by favourable interest rates and strong deliveries ahead of the November holidays, Kyodo News added.
