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
VPM4730
SELANGOR
BSG7431
JOHOR
JYE4425
PULAU PINANG
PRT569
PERAK
ANY6659
PAHANG
CFD365
KEDAH
KGB6235
NEGERI SEMBILAN
NEG6290
KOTA KINABALU
SJL9999*
KUCHING
QAB8348L
Last updated 02 Aug, 2025
Fuel Price
Petrol
RON 95
RM 2.05
RON 97
RM 3.17
-0.04
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 2.91
EURO 5 B7
RM 3.11
Last updated 31 Jul, 2025
Related News
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
Malaysia's March new car sales decline by 10% - MAA
The Malaysian Automotive Association (MAA) reported that the country's new car sales in March 2024 decreased by 10% to 71,052 units.
23-04-2024
KLIMS 2024 Rebranded as KL International Mobility Show
MAA has rebranded KLIMS 2024 as the KL International Mobility Show, taking place on Dec 5–11 at MITEC, KL.
17-01-2024
EV Sales Up by 286% in 2023 with 10,159 Units – MAA
Sales of EVs in Malaysia skyrocketed by 286% in 2023, with a total of 10,159 units delivered last year.
16-01-2024
Vehicle Sales Reached New All-Time High in 2023 – MAA
Sales of new motor vehicles in 2023 rose 11% to a new all-time high, with a total of 799,731 units delivered.
16-01-2024
Latest News
Chery’s Lepas Brand Entering Malaysia Soon? ‘Official’ IG Page Sighted
New ‘official’ IG page we sighted by chance indicates Chery’s new Lepas sub-brand is set to enter Malaysia very soon.
01-08-2025
Govt Looking To Revive MEX II Highway With New Completion Plan
The government is working with bondholders to restart the long-delayed MEX II Highway.
01-08-2025
2025 Proton X50 Facelift Sees 999 Units Shifted In 5 Days
2025 Proton X50 Facelift sees 999 units delivered in just five days, production hits 2,000 units mark as of end of July too.
01-08-2025
Bridgestone Turanza 6 Tyres Launched in Malaysia – 14 to 21 Inches, EV-Ready
Bridgestone Malaysia has introduced the new Turanza 6 tyres in Malaysia, with sizes ranging from 14 to 21 inches.
01-08-2025
Johor Proposes RTS2 Link Between Iskandar Puteri and Tuas
With Bukit Chagar terminal nearing completion, Johor eyes new RTS2 link to Tuas to further ease cross-border travel.
01-08-2025
PAC to KKR: Avoid Costly Missteps in Delayed MLFF Rollout
PAC wants KKR to ensure no hidden costs to government or road users in the upcoming MLFF toll system rollout.
01-08-2025
Klang’s Hop-On Hop-Off Bus Launching This Aug
Klang’s open-top hop-on hop-off bus launches mid-August, covering heritage sites and Port Klang’s mangroves.
01-08-2025
Anwar: 13MP Pushes for Improved Connectivity – Better Buses, Trains and Roads
The 13th Malaysia Plan focuses on better connectivity through buses, trains, roads, and smarter planning.
31-07-2025
Show More
trending_flat