Malaysia sales rise in May

New auto gross sales in Malaysia rose by more than 5% to 49,603 models in Could 2022 from 47,207 models in the very same month of final year, in accordance to registration info launched by the Malaysian Automotive Affiliation (MAA).

The affiliation explained the industry last month continued to be held back by shortages of semiconductors, which has influenced some vehicle manufacturers much more than many others, although the yearly Eid holiday seasons ended up also a destructive for the vehicle market. As opposed with April, the marketplace was down by practically 12% final month.

Total revenue in the initial five months of the calendar year ended up up by in excess of 7% at 265,656 motor vehicles compared with 247,250 in the exact period of final yr, with passenger motor vehicle gross sales rising by pretty much 6% to 233,705 models while commercial car or truck product sales surged by 27% to 31,951 models.

Perodua noticed its gross sales improve by about 5% yr-on-yr to 18,901 units in May possibly and by 9% at 106,179 units calendar year-to-day, pushed by well-liked products these kinds of as the Myvi, Axia and Bezza.

Proton worldwide gross sales amplified by just about 4% to 9,792 units in Might, while 12 months-to-day sales had been down by 21% at 45,337 units. Exports jumped by 47% to 2,086 units in the 5-thirty day period interval, mostly to markets these as Pakistan, Egypt and Brunei.

UMW Toyota gross sales were just a little lower year-on-yr at 7,579 models in Might, but were up by more than 9% increased at 34,026 units year-to-date many thanks to robust need for styles these as the regionally assembled Corolla Cross Hybrid and the Hilux pickup truck.

The automobile current market was envisioned to rebound strongly in June, following the Eid and also as the revenue tax getaway introduced in June last year was scheduled to expire at the close of the month – unless of course the government agrees to increase it more at the past minute.