New vehicle sales in Malaysia fell by 11.9% to 60,267 units in July, from strong year-earlier volumes of 68,431 units, according to data released by the Malaysian Automotive Association (MAA).
The market suffered from fewer working days this July due to the Hari Raya annual holidays, while the market in July last year enjoyed strong pre-holiday sales.
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Cumulative seven-month sales rose by 3% to 393,409 units, from 381,919 units in the same period of last year. Passenger cars accounted for 350,357 units, while commercial vehicle sales amounted to 43,052 units.
