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
VQD7634
SELANGOR
BSK8736
JOHOR
JYM8796
PULAU PINANG
PRW5975
PERAK
APD4008
PAHANG
CFE4672
KEDAH
KGD4480
NEGERI SEMBILAN
NEH9144
KOTA KINABALU
SJP3020
KUCHING
QAB7465M
Last updated 16 Dec, 2025
Fuel Price
Petrol
RON 95
RM 2.64
-0.02
RON 97
RM 3.27
-0.02
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 3.06
-0.02
EURO 5 B7
RM 3.26
-0.02
Last updated 11 Dec, 2025
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
No More Heavy Vehicles On Kuala Terengganu Drawbridge From Jan 1
Heavy vehicles will no longer be allowed to use the Kuala Terengganu drawbridge from Jan 1.
16-12-2025
OMODA & JAECOO Wrap Up 2025 With Season of Rewards
OMODA & JAECOO 2025 Season of Rewards offers extended service packages and practical ownership benefits.
16-12-2025
Overloaded Trucks Crackdown Showing Results, Transport Rates Remain Stable
Strict enforcement against overloaded trucks is paying off, improving road safety and transport efficiency without hiking rates.
16-12-2025
Gemas-JB ETS Needs Better Access To Curb City Traffic - Expert
Experts urge improved first-mile access, feeder buses, and park-and-ride options for the Gemas- JB ETS.
16-12-2025
SCS Adopts Advanced European Testing Systems
SCS raises the bar for vehicle inspections with advanced European testing technology.
16-12-2025
Shah Alam LRT Launch Delayed To Avoid Another 2021 Kelana Jaya Crash
Prasarana delays the Shah Alam LRT opening, prioritising passenger safety and thorough testing after past LRT mishaps.
15-12-2025
Federal Highway Won’t Be Upgraded, Costs Deemed Too High
Despite worsening traffic conditions, the Federal Highway will not be upgraded, with the government citing high costs.
15-12-2025
Bollards Are There for Your Safety, Not Decoration - DBKL
DBKL is reminding the public that bollards play a crucial role in keeping pedestrians safe.
15-12-2025
Show More
trending_flat