Flash Reports

Malaysia Vehicle Market fell 22% in April hit by new GST

Malaysia Vehicle Market Mercedes-Benz-A-Class_2013

Malaysia Vehicle Market fell 22% in April hit by new GST effect and following the sales pull ahead in March. Perodua scored a positive month improving share near 40% while Proton fell 50%. Mercedes shines.

Economic Outlook

The Malaysian economy grew at the fastest pace in four years in 2014, underpinned by robust private consumption and solid export growth. However, recent data suggest that the economy may have lost momentum in Q1 2015.

Growth in industrial production slowed markedly in the first two months of the year following December’s one-and-a-half-year high. Moreover, exports contracted at the fastest pace in over five years in February.

Meanwhile, as scheduled, the new 6.0% Goods and Services Tax (GST) came into effect on 1 April. Although it is still too early to gauge what impact the GST will have on fiscal revenues, its implementation is a big step in the government’s process of fiscal consolidation.

Market Outlook

In April 2015 according to data released by M.A.A., the Malaysian Automotive Association, the new Light Passengers Vehicles sold in Malaysia have been 45.187, down 22.8% compared with the correspondent month last year.

As reported last month, in March-April the sales had been switched by consumer decision to anticipate the purchase avoiding the payment of the new GST tax introduced from the first of April.

After a +14% in March the market fell down in April.

Year to date April sales had been 219.545, +0.8% from last year. ONly in the next month the real effect of new taxation will be visible.

Competitive Arena

In April Perodua further improved the share on market at 39.3% with 17.584 sales (+0.3%) with cumulative volume at 74.737 (+21.4%). In second Honda sold6.6562 units (-5.1%) and in third Toyota with 6.032 sales (-34.2%).

Proton fell down in fourth place with only 4.972 sales (-50.7%) and share dropped at 11%. Behind all players reported significant losses a part of Mercedes that scored a great month with 932 sales, up 67.9%.

As far as the Car Group’s performance, the leader was Perodua with 39.3% of market share, ahead of Toyota with 14.8% and Honda with 14.7%.

Research, Consulting, Data & Forecast Store

F2M covers intensively this market with several products developed to help any investigation required.

Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.

Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.

All these and more within our  Malaysia Store

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Apr Rank Ytd Brand Sales Apr Sales YtD Var Apr Var Ytd Share Apr Share Ytd
1 1 Perodua 17.584 74.737 0,3% 21,4% 39,3% 35,4%
2 3 Honda 6.562 28.707 -5,1% 27,3% 14,7% 13,6%
3 4 Toyota 6.032 22.273 -34,2% -33,2% 13,5% 10,5%
4 2 Proton 4.972 32.654 -50,7% -23,8% 11,1% 15,5%
5 5 Nissan 3.003 16.229 -14,0% 15,5% 6,7% 7,7%
6 10 Mercedes 932 2.822 67,9% 24,8% 2,1% 1,3%
7 9 Isuzu 762 3.669 -14,1% 10,0% 1,7% 1,7%
8 7 Mazda 705 4.077 -40,4% 18,6% 1,6% 1,9%
9 12 Volkswagen 684 2.225 -35,2% -40,8% 1,5% 1,1%
10 14 BMW 471 1.830 -29,3% -23,8% 1,1% 0,9%
11 11 Hyundai 404 2.576 -51,0% -26,8% 0,9% 1,2%
12 6 Ford 373 4.984 -68,2% 21,6% 0,8% 2,4%
13 15 Hino 352 1.678 -22,6% -10,7% 0,8% 0,8%
14 8 Mitsubishi 311 3.920 -75,5% -21,9% 0,7% 1,9%
15 17 Peugeot 262 1.300 -57,0% -40,7% 0,6% 0,6%
16 13 Kia 251 2.021 -72,6% -38,9% 0,6% 1,0%
17 16 Suzuki 207 1.320 -53,0% -33,7% 0,5% 0,6%
18 18 Subaru 185 979 63,7% 65,4% 0,4% 0,5%
19 19 Lexus 158 520 39,8% -7,5% 0,4% 0,2%
20 20 Audi 100 442 -58,5% -22,3% 0,2% 0,2%
21 21 Chevrolet 81 378 -46,4% -43,2% 0,2% 0,2%
22 22 Daihatsu 65 337 -50,4% -5,9% 0,1% 0,2%
23 25 Mini 63 206 23,5% 12,6% 0,1% 0,1%
24 24 Porsche 54 241 134,8% 177,0% 0,1% 0,1%
25 23 Chana 31 288 55,0% 251,2% 0,1% 0,1%

Rank Apr Rank Ytd Group Sales Apr Sales YtD Var Apr Var Ytd Share Apr Share Ytd
1 1 Perodua 17.584 74.737 0,3% 21,4% 38,9% 35,0%
2 4 Toyota 6.607 24.808 -33,0% -31,4% 14,6% 11,6%
3 3 Honda 6.562 28.707 -5,1% 27,3% 14,5% 13,4%
4 2 Proton 4.972 32.654 -50,7% -23,8% 11,0% 15,3%
5 5 Renault-Nissan 3.026 16.340 -13,6% 16,2% 6,7% 7,7%
6 12 Mercedes Daimler 932 2.822 67,9% 24,8% 2,1% 1,3%
7 11 Volkswagen 838 2.908 -36,5% -34,1% 1,9% 1,4%
8 10 Isuzu Motors 762 3.669 -14,1% 10,0% 1,7% 1,7%
9 8 Mazda 705 4.077 -40,4% 18,6% 1,6% 1,9%
10 7 Hyundai-Kia 655 4.597 -62,4% -32,7% 1,4% 2,2%
11 14 BMW 534 2.036 -25,5% -21,2% 1,2% 1,0%
12 13 No Group 472 2.222 117,5% 2,7% 1,0% 1,0%
13 6 Ford 373 4.984 -68,2% 21,6% 0,8% 2,3%
14 9 Mitsubishi 311 3.920 -75,5% -21,9% 0,7% 1,8%
15 16 PSA 262 1.300 -57,0% -40,7% 0,6% 0,6%
16 15 Suzuki 207 1.320 -53,0% -33,7% 0,5% 0,6%
17 17 Fuji Heavy Industries 185 979 63,7% 65,4% 0,4% 0,5%
18 18 General Motors 81 378 -46,4% -43,2% 0,2% 0,2%
19 19 Tata 33 334 -58,8% 2,5% 0,1% 0,2%
20 20 ChangAn 31 288 55,0% 251,2% 0,1% 0,1%

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