- News
- Auto News
- September 2023’s Malaysian Vehicle Sales, A Decline In Numbers
The Malaysian Automotive Association (MAA) has reported a decline in new vehicle sales for the month of September 2023.
According to the entity, this month’s figure is at 68,156 units, a 6.4% lower Total Industry Volume (TIV), compared to August 2023’s 72,809 units.
As for the Total Industry Production (TIP) volume, it peaked at 69,133 units for September 2023. Slightly higher than August 2023’s 67,912 units.
Elsewhere, the total vehicle sales for September 2023’s Year-To-Date (YTD) figures maxed at 571,767 units. 11% higher than September 2022’s 514,449 units.
This hiccup is said to be attributed to the general consumers adopting a ‘wait and see’ attitude, in anticipation of incentives under the National Budget 2024 announcement.
With the new budget system in play, MAA forecasts that the sales for October 2023, is likely to be highly similar to September 2023’s records.
Gallery
Tagged:
Written By
Afiq Saha
Part of the CariCarz multi-faceted editorial team, Afiq is an English author packing four years of professional writing experience, be it creative or factual. (LinkedIn: www.linkedin.com/in/Afiq-Saha-AS27)
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
July 2024 Sees 24% Growth in New Vehicle Sales – MAA
According to MAA, new car sales rose by 11% in July 2024. It anticipates that sales and production will continue to grow in August 2024.
16-08-2024
Latest News
BYD Sees 2025 YTD Sales Total Reach 11,097 Units – 70% YoY Up From 2024
BYD Cars Malaysia discloses its 2025 YTD toral sales have reached 11,097 units, marking a 70% YoY increase from 2024.
14-11-2025
KLIA Aerotrain To Stop Nightly From Nov 15 For Reliability Upgrades
KLIA’s Aerotrain will be suspended nightly from 9PM to 7AM starting Nov 15 for reliability upgrades.
14-11-2025
Kelana Jaya LRT Weekend Disruptions For Upgrades
Rapid KL will upgrade the Kelana Jaya Line signalling system on Nov 15–16 and 29–30.
14-11-2025
GWM Malaysia Accelerates Localisation Drive To Strengthen Supply Chain
GWM Malaysia strengthens local partnerships and production to support the nation’s new-energy mobility ambitions.
14-11-2025
Upgraded Mitsubishi Eon Auto Mart 3S Centre Reopens in Melaka
Mitsubishi Motors Malaysia, together with Eon Auto Mart, announces the relocation and upgrade of its outlet in Melaka.
14-11-2025
PLUS Implements Night Contra-Flow On Elite Highway For Pipe Work
Motorists on the Elite Highway should expect a contra-flow from Nov 17–20 for pipe work.
14-11-2025
Flat Rate, Rule of 78, Reducing Balance: How Hire-Purchase Loans Really Work
We break down a RM100,000 loan over seven years to show how reducing balance interest saves you money.
14-11-2025
