Malaysia Car Sales rose 5% in November projecting a positive end of the year. Huge surprise was generated by the weak performance of Proton, fell 28%, which has lost the second place in favor of Toyota, first time ever.
Malaysian Car Market posted a double digit loss in July following a brilliant first half of the year. However, last month negative performance has not changed the market outlook that stands extremely positive for the rest of the year..
Malaysian Vehicle Market posted the best half ever thanks to a burning June when sales roared up by 43%. The brilliant Malaysian performance shines in the ASEAN region where Thailand is dropping and Indonesia is flat.
Malaysia Vehicle Sales rose 6% in May 2014 with Honda and Mazda posting record sales volume. The market kept the outstanding momentum and is running towards the new all-time sales record above 671.000 units.
Malaysia car market rose 10% in April 2014 performing up for the third month in a row and confirming the rule as World’s 21st and Asean 3rd market. Following the presentation of N.A.P. by the government investor’s focus on the market is high.
2014 Malaysian Automotive Industry is really energized after the recent government announcement of the new National Automotive Plan (N.A.P.) developed to expand domestic demand while increase desirability for new foreign investments
Malaysian Car Market rose 1% in Q1 2014, posting a fast recover after the January fall. Indeed the market is expected to growth at least 4% this year, despite the all-time record volume hit in 2013, but uncertain economic policy on the automotive sector could depress the consumer demand.
Malaysian car market in January 2014 was weak and now while full year projections must take in account the impact of government policy to tackle public budget deficit.
Despite the flat performance reported in December, Malaysian car market ended 2013 posting a new all-time record volume, the second in a string, ranking as twenty-first car market worldwide. More than 50& of sales remained concentrated in the hands of local producers Perodua and Proton.
Following the all-time record posted last year, during the first half 2013 the Malaysian light passenger vehicles market was further growing compared with 2012, with sales up 6.3%, in spite of a deeply negative June. Perodua and Proton kept 50% of market share.
Thanks to an explosive performance posted in December, when market surged 33% from the previous year, the Malaysian car market ended the 2012 achieving the new all-time, marginally beating the 2010 volume. Official market data still missed for a local quarrel on privacy.
In October the Malaysian car market confirmed its steady growing pace, rising 2% from last year in line with the increase posted in the first 10 months of the year. The market was dominated by Perodua, Proton and Toyota with a combined share of 72%.
In June, the Malaysian car market rose at 59.241 sales, up 41.8% from last year, following a + 28.4% reported in May. In spite of the slow start of the year, the first half of 2012 sales were 294.863, up 2.2% from last year. Perodua and Proton were at 56% of share.
The Malaysian car market is struggling and in April sales were 45.771, down 6.7% from last year. The year-to-date sales in April were 179.016, down 11.7% from last year. Perodua leads at 32.9% market share, while Toyota is fast growing in third position.
In the 2011, Malaysia automotive production surged at 540.000 units representing the 0.7% of global vehicles production. The domestic light vehicles market was 575.000 units, the world’s 23th, declining 4.4% from previous year, hit by natural disasters in Japan and Thailand.