July 2024 Sees 24% Growth in New Vehicle Sales – MAA

According to the Malaysian Automotive Association (MAA), sales of new cars increased by 11% in July 2024, total industry volume (TIV) coming in at 71,730 units as opposed to 64,790 units during the same time previous year. Passenger vehicles accounted for 65,781 units, while commercial vehicles saw only 5,949 units sold.
The association stated that the longer working month and the introduction of new models are the main causes of this increase in TIV.

Moving on to vehicle production volume, 70,295 units were produced in July, compared to 66,862 units the previous month. However, the year-to-date production figure tells a different story, with production volume increasing by 8% in July 2024.
As for the August 2024 outlook, MAA expects both sales and production to maintain its momentum with National day promotional campaigns by some car companies. 
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VQQ4069
SELANGOR
BSN3715
JOHOR
JYT2391
PULAU PINANG
PSA5307
PERAK
APF9503
PAHANG
CFF7607
KEDAH
KGE7592
NEGERI SEMBILAN
NEJ7639
KOTA KINABALU
SJQ7943
KUCHING
QAB4071N
Last updated 16 Mar, 2026
Fuel Price
Petrol
RON 95
RM 2.59
+0.05
RON 97
RM 3.15
+0.05
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 3.04
+0.05
EURO 5 B7
RM 3.24
+0.05
Last updated 26 Feb, 2026
Related News
Slowing Car Sales May Spark Price War - Analysts
Analysts warn 2025’s weaker auto market may spark intense price cuts, making now a great time for buyers to grab deals.
24-09-2025
KLIMS 2026 Set to Take Place from June 12 to 21, Alternates with MAS
MAA announced that KLIMS will be moved to a mid-year slot next year, as it will be alternated with the Malaysia Autoshow.
16-07-2025
Malaysian Vehicle Sales Down by 40% in Jan 2025 – MAA
The Malaysian Automotive Association has recorded a 40% decrease in vehicle sales for Jan 2025, with 48,875 units delivered.
27-02-2025
KLIMS 2024 Draws 183,221 Visitors with Nearly 70 Brands Participating
The 10th edition of KLIMS 2024 has drawn over 183,221 visitors, with nearly 70 automotive & mobility brands participating.
13-12-2024
Vehicle Sales Increased by 20% in October 2024 – MAA
October saw a 20% increase in Total Industry Volume from 58,032 units in Sept to 69,859 units last month, MAA reports.
13-11-2024
Sept Sees 15% Decline In TIV - MAA
MAA reported that September's TIV slumped by 15% to 58,032 units from 68,174 units in the same month last year.
15-10-2024
MAA: Aug 2024 Vehicle Sales In Malaysia Drops By 2%
Latest figures released by MAA shows Aug 2024 vehicle sales in Malaysia dropped by 2% with 71,162 vehicles delivered.
19-09-2024
New Vehicle Sales Declined by 18% in April 2024 – MAA
MAA reports that new vehicle sales have declined by 18% at 57,991 units in April 2024 compared to last month.
20-05-2024
Latest News
The 2026 Proton X90 Buyer’s Warning: 5 Critical Safety Features You Are No Longer Getting
ASEAN NCAP revokes Proton X90’s 5-star rating. The 2026 facelift is downgraded to 1-star after stripping critical ADAS features. Is your family safe? Get the full safety specs here.
16-03-2026
9,000+ Drivers Chose Toyota Hybrids This Year: Proof That Toyota’s Multi-Pathway Strategy Works
Toyota Malaysia hits 9,556 sales in early 2026, proving the "Multi-Pathway" strategy works. From Vios Hybrid to Vellfire HEV, see why hybrids are winning the sales war.
12-03-2026
Chery Tiggo 7 is Now the Safest Chinese SUV on the Planet, This Is Why
The Chery Tiggo 7 makes history as the only Chinese SUV to sweep 5-star ratings from Euro NCAP, ANCAP, and ASEAN NCAP. With a record 94.68 points, see why this is 2026’s safest family SUV.
11-03-2026
Sepang Dates Confirmed: Catch Team Porsche Malaysia in Action on 21–23 August
While the 2026 Porsche Carrera Cup Asia (PCCA) season kicks off in Shanghai this weekend, Malaysian fans are already looking ahead to the highlight of the year: the homecoming.
10-03-2026
Iran-US War Day 10: It’s Not Just Fuel — Malaysia’s Automotive Industry Faces New Risks
While the BUDI95 subsidy program is already feeling the heat of oil prices flirting with US$120 a barrel, the true threat to our automotive sector lies beneath the surface.
09-03-2026
Prasarana to Reveal LRT3 Launch Date This April—Here’s Everything We Know So Far
The wait for the LRT3 Shah Alam Line is entering its final stretch. After months of "will they, won't they" speculation, Prasarana has officially pointed to April 2026 as the month of truth.
05-03-2026
EV King is Here: How Proton e.MAS 5 Dethroned Popular Petrol Cars in 60 Days
PRO-NET has announced that the Proton e.MAS 5 has officially surpassed the 5,000-unit delivery milestone in just two months.
05-03-2026
Wolfgang Egger’s Masterpiece: Denza Z9 GT Confirmed for Malaysia Launch in Q2 2026
BYD Malaysia has officially confirmed that the Denza Z9 GT is set to launch in the local market in early 2026 (expected Q2). As the flagship luxury "shooting brake" for the brand, the Z9 GT is designed to offer a tech-forward alternative to the Porsche Panamera and BMW 5 Series Touring.
03-03-2026
Show More
trending_flat