New vehicle sales in Malaysia increased by 6.9% to 64,660 units in December from 60,495 units sold in the month last year, according to the Malaysian Automotive Association (MAA).
The association said full year sales increased by 1.6% to 666,465 units in 2014, from 655,795 in the previous year, supported by strong economic growth, a stable employment market and aggressive marketing by car companies.
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New models such as such as the Perodua Axia and Proton Iriz helped drive sales in the final months of the year.
Passenger vehicle sales grew by 2% to 588,341 units last year, from 576,657 units previously, while commercial vehicles sales fell by 1.3% to 78,124 units, from 79,136 units.
The MAA expects sales to rise by 2% to 680,000 units in 2015, but is concerned about the scheduled introduction of the new goods and sales tax (GST) in April, currency depreciation and inflation.
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