Malaysia Light Vehicle Sales rose in double-digit in March.

Malaysia Light Vehicle Sales

Malaysia Light Vehicle Sales rose in double-digit in March 2015 driven by anticipated sales towards the new Goods & Service Tax introduction scheduled for April 1st.

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 March 2015 according to data released by M.A.A., the Malaysian Automotive Association, the new Light Passengers Vehicles sold in Malaysia have been 67.314, up 14.7% compared with the correspondent month last year, the best score since September 2013.

Local observers reported as main reason for the double-digit performance the anticipated sales for consumers to avoid the new GST tax arriving in April. We would expect a more robust effect and fear that next month market data will struggle to be in black.

First quarter was pushed up by March data ending with 174.358 sales (including trucks), up 9.5% from Q1 2014.

Competitive Arena

March confirmed the divergent trend of best players with Perodua and Honda in great shape while Proton and Toyota kept struggling. Perodua sold 22.497 sales (+37.8%) ending the quarter with 57.153 units (+29.8%) with market share at 34.0%. Proton sales at 10.528 units, were down 14.5% ending the quarter at 27.682, -15.4%.

The importers leader was Honda with 9.581 sales (+94.9%) a huge increase fueled by new models introduced during the last half of the year. First quarter sales were 22.145 (+41.7%) consolidating the supremacy over challengers. Toyota struggled with 7.187 sales (-27.3%) ending the quarter down 32.8%.

Behind almost positive performances had been posted by Nissan (+39.3%), Ford (+73.3%), Mazda (+63.7%) and Isuzu (+56.0%).

As far as the Car Group’s performance, the leader was Perodua with 33.4% of market share, ahead of Proton with 15.6% and Honda with 14.2%. Toyota was fourth with 11.9% ahead of Nissan-Renault alliance with 7.5%.

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.

RankRank Q1BrandMarQ1Var MarVar Q1Share MarShare Q1
11Perodua22.49757.15337,8%29,8%33,8%34,3%
22Proton10.52827.682-14,5%-15,4%15,8%16,6%
33Honda9.58122.14594,9%41,7%14,4%13,3%
44Toyota7.18716.241-27,3%-32,8%10,8%9,8%
55Nissan5.00513.22639,3%25,3%7,5%7,9%
66Ford1.8184.61173,3%57,7%2,7%2,8%
78Mazda1.5033.37263,7%49,4%2,3%2,0%
89Isuzu1.4652.90756,0%18,8%2,2%1,7%
97Mitsubishi1.1573.609-25,8%-3,7%1,7%2,2%
1011Mercedes9691.89050,9%10,7%1,5%1,1%
1110Hyundai7502.172-18,2%-19,4%1,1%1,3%
1213Volkswagen6221.541-36,3%-43,0%0,9%0,9%
1315Hino5641.3266,6%-6,9%0,8%0,8%
1412Kia5491.770-43,5%-26,0%0,8%1,1%
1516Suzuki4341.1133,3%-28,2%0,7%0,7%
1614BMW3891.359-41,8%-21,7%0,6%0,8%
1718Subaru29579486,7%65,8%0,4%0,5%
1817Peugeot2421.038-39,5%-34,3%0,4%0,6%
1919Lexus148362-7,5%-19,4%0,2%0,2%
2020Audi115342105,4%4,3%0,2%0,2%
2122Daihatsu11327259,2%19,8%0,2%0,2%
2223Land Rover1002624,2%6,5%0,2%0,2%
2324Chana98257512,5%314,5%0,1%0,2%
2425Porsche97187438,9%192,2%0,1%0,1%
2521Chevrolet94297-64,1%-42,3%0,1%0,2%
2626Volvo691541,5%-30,0%0,1%0,1%
2727Mini40143-24,5%8,3%0,1%0,1%
2829Chery36859,1%-25,4%0,1%0,1%
2930SsangYong325945,5%-9,2%0,0%0,0%
3028Renault2388475,0%1157,1%0,0%0,1%
3131Jac2050-57,4%-46,2%0,0%0,0%
3232Jaguar16390,0%0,0%
3333BAW1100,0%42,9%0,0%0,0%
3434Naza---100,0%-100,0%0,0%0,0%
3434Great Wall---100,0%-100,0%0,0%0,0%
3434Mahindra--0,0%0,0%
RankRank Q1GroupMarQ1Var MarVar Q1Share MarShare Q1
11Perodua22.49757.15337,8%29,8%33,4%34,0%
22Proton10.52827.682-14,5%-15,4%15,6%16,4%
33Honda9.58122.14594,9%41,7%14,2%13,2%
44Toyota8.01218.201-24,7%-30,8%11,9%10,8%
55Renault-Nissan5.02813.31439,7%26,0%7,5%7,9%
66Ford1.8184.61173,3%57,7%2,7%2,7%
79Mazda1.5033.37263,7%49,4%2,2%2,0%
810Isuzu Motors1.4652.90756,0%18,8%2,2%1,7%
97Hyundai-Kia1.2993.942-31,2%-22,5%1,9%2,3%
108Mitsubishi1.1573.609-25,8%-3,7%1,7%2,1%
1112Mercedes Daimler9691.89050,9%10,7%1,4%1,1%
1211Volkswagen8342.070-20,6%-33,1%1,2%1,2%
1313No Group7571.75025,3%-10,1%1,1%1,0%
1415Suzuki4341.1133,3%-28,2%0,6%0,7%
1514BMW4291.502-40,5%-19,6%0,6%0,9%
1617Fuji Heavy Industries29579486,7%65,8%0,4%0,5%
1716PSA2421.038-39,5%-34,3%0,4%0,6%
1818Tata11630120,8%22,4%0,2%0,2%
1920ChangAn98257512,5%314,5%0,1%0,2%
2019GM94297-64,1%-42,3%0,1%0,2%
2121Geely Group691541,5%-30,0%0,1%0,1%
2222Chery Automobile36859,1%-25,4%0,1%0,1%
2323Mahindra Group325945,5%-9,2%0,0%0,0%
2424JAC2050-57,4%-46,2%0,0%0,0%
2525BAIC1100,0%42,9%0,0%0,0%

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