MI Breaking News
Spread the news

KUALA LUMPUR: Vehicle sales in Malaysia jumped to 66,614 units in August this year compared with 17,923 units during the same month last year, according to the Malaysian Automotive Association (MAA).

In a statement today, the association said the total industry volume for August 2022 was 36% higher than in July 2022 (48,922 units), due to fulfilment of bookings by car companies received prior to June 30, 2022.

It said the year-to-date sales volume for August 2022 was 63% higher at 447,209 units compared with 274,600 units during the corresponding period in 2021.

Sales of passenger vehicles surged to 59,769 units in August 2022 versus 15,475 units in August 2021, and sales of commercial vehicles rose to 6,845 units during the month under review from 2,448 units previously, MAA said.

The association said 69,378 vehicles were produced in August 2022 compared to 13,961 units in the same month last year.

It said the production of passenger vehicles jumped to 64,282 units in August 2022 versus 12,897 units in August 2021, while production of commercial vehicles rose to 5,096 units from 1,064 units previously.

On the outlook for September 2022, MAA expects the sales volume to remain the same as the August 2022-level, due to chip shortages and components. – Bernama

Click to rate this post!
[Total: 0 Average: 0]

Spread the news
Advertisement

Kazzylen Web Analytics.


Kazzylen Analytics lets you measure your heatmap as well as track your Flash, video, and websites and applications & more. Register & get access to all Analystics on our website FREE
Previous articleInvestment to remain a key driver of gold market in H2’22
Next articleFrance: No better offer on the table for Iran