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Automotive Sector’s October TIV Increases 30% Amid Tax Exemption Rush


Kuala lumpur: Malaysia’s automotive sector saw a significant increase in total industry volume (TIV), with a 30% surge to 75,992 units in October 2025 from the previous month’s 58,490 units, marking the highest monthly total for the year-to-date.

According to BERNAMA News Agency, the Malaysian Automotive Association (MAA) attributed the rise in TIV primarily to a rush in purchasing completely built-up (CBU) battery electric vehicles (BEVs). This surge followed the Budget 2026 announcement regarding the expiration of tax exemptions for CBU BEVs by the end of December 2025. Additionally, an aggressive year-end promotional campaign by automotive companies contributed to the increased sales.

Despite the October boost, MAA reported that the year-to-date TIV was 2% lower at 655,328 units compared to 667,568 units during the same period in 2024. On a year-on-year comparison, the TIV for October 2025 was 7% higher, comprising 70,321 passenger vehicles and 5,671 commercial vehicles, up from 71,685 units in October 2
024.

In terms of production, October 2025 saw a total of 65,226 units produced, including 61,192 passenger vehicles and 4,034 commercial vehicles. This was a decrease from the 71,878 units produced in the same month the previous year.

MAA expressed optimism about the sales momentum, stating, “the current sales momentum is expected to continue in November 2025.”

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