Sales of passenger vehicles increased by 10.1% year-on-year to 47,754 units last month, while commercial vehicles sales were 1.8% lower at 4,830 units.

Over the full year, total vehicle sales were higher by just under 1% at 604,287 units compared with 598,714 units in 2018.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Passenger vehicles sales rose by 3.2% to 531,759 units, driven by strong demand for SUVs following the recent launch of new models by Proton and Perodua, while commercial vehicles sales declined by over 17% to 72,528 units – mainly reflecting lower international trade volume.

The MAA forecast a further moderate rise in total vehicle sales this year to 607,000 units.

Association president Datuk Aishah Ahmad said a new National Automotive Policy (NAP) was expected to be announced in the current quarter, which will include provisions to change the calculation method of the Open Market Value (OMV) of vehicles – upon which local taxes are calculated, and further changes to import duties and excise tax rates. 

See Also:

The changes are expected to be applied in 2021 and are widely expected to have a negative effect on the vehicle market, particularly on non-national car models including imported vehicles and models imported in CKD kit form for local assembly. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Proton said its sales, including exports, rose by almost 56% to 100,821 units last year from 64,744 units in the previous year, helped by the launch of the Geely-based X70 SUV at the end of 2018 and the new Saga small car.

The company expected global sales this year to rise to 132,000 units, including 4,000-6,000 exports compared with just 1,070 units in 2019. It aims to increase the number of export markets to 10 this year from six.

Perodua reported a 5.8% rise in sales to 240,341 units in 2019 and expected volume to be flat in 2020 while Honda sales amounted to 85,418 units last year, Toyota 69,091 units and Nissan 21,239 units.