Malaysia’s Vehicle Sales Up 36 Percent Month-On-Month In Aug

KUALA LUMPUR– Malaysia’s vehicle sales increased by 36.16 percent month-on-month to 66,614 units in Aug, the Malaysian Automotive Association (MAA) said yesterday.

 

The Aug figure of vehicle sales is compared to 17,923 units a year ago. Meanwhile, Malaysia’s vehicle production rose to 69,378 units in Aug from 13,961 units a year ago.

 

Year to date, Malaysia’s vehicle sales surged 62.86 percent to 447,209 units from 274,600 units a year earlier. Meanwhile, vehicle production soared 70.28 percent to 439,372 units from 258,024 units.

 

MAA expects the sales in Sept will maintain the Aug level, despite continued shortage of chips and components.

 

Source: NAM NEWS NETWORK

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