July vehicle sales 13% up


Longer month: The Malaysian Automotive Association said the stronger car sales last month was also due to the fact that it was a longer working month compared to June.

PETALING JAYA: Total vehicle sales rose 13% year-on-year to 57,552 units last month, compared with 50,854 units in the previous corresponding period as the government’s tax exemptions and aggressive promotional campaigns by automotive companies continued to spur car sales.

The Malaysian Automotive Association (MAA) said the stronger sales last month was also due to the fact that it was a longer working month compared with June, whereby sales in July were 29% higher on a month-on-month basis.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

vehicle sales , tax exemptions , promotions , MAA ,

   

Next In Business News

BMW Group Malaysia to discuss with govt entities and local partners on EV assembly
Malaysia regains position as China's second-largest crude oil supplier
Indonesia central bank holds rates steady, as expected
Dollar touches one-week low as safety bid, 'Trump trade' momentum ebb
Forbes: Malaysia’s record FDI solidifies position as key economic player in Asean
CIMB onboards Shangri-La Asia and Kerry Properties in Hong Kong for sustainability-linked loans
HSS Engineers' 3Q net profit jumps to RM7.23mil
Reservoir Link Energy appointed PETRONAS panel contractor
Stimulus measures to be enhanced
Oil little changed as market weighs mixed drivers

Others Also Read