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Research firms expect auto sales to trend down in 2024
23 Feb 2024 05:46 GMT
KUALA LUMPUR, Feb 23 — Malaysia’s automotive sector total industry volume (TIV) is expected to trend downward in 2024 as the impending fuel subsidy rationalisation is likely to hurt the demand for mid-market models while affordable vehicle sales remain …
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2023 Malaysia passenger car sales data by body type – SUV market share now nearly 30%, MPV under 10%
06 Feb 2024 05:20 GMT
… year.
The total passenger car sales figure of 719,160 units … passenger cars, Perodua and Proton’s sales remain unchanged at … units respectively. Perhaps surprisingly for Proton, both national carmakers still … thing of note is that Proton no longer holds the …
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2023 Malaysia car sales data by brand vs 2022 – take a look at last year’s biggest winners and losers
02 Feb 2024 09:43 GMT
It was another record year for the Malaysian automotive industry, with sales reaching an astounding 799,731 vehicles in 2023. That’s a massive 11% increase over the previous year, so there are bound to be some big winners amongst the key players.
But just …
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Lower car sales
forecast for January
23 Jan 2024 01:15 GMT
PETALING JAYA: After record sales in 2023, carmakers in Malaysia may begin the new year by selling fewer vehicles in January 2024, says TA Research. The research house, which has a “neutral” view on the automotive sector, expects the total industry volume …
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Research firms maintain cautious stance on auto sales
18 Jan 2024 09:11 GMT
… maintain cautious stance on auto sales
Published on: Thursday, January … (TIV) for automotive (auto) sales is expected to be 710 … 2024 auto sales to book another high.
“Furthermore, the robust car sales in … Axia, and the 2022 Proton Saga also raised the demand …
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Malaysia auto sales hit all-time record in 2023 with 799,731 units, 11% up – 740k TIV forecasted for 2024
16 Jan 2024 12:44 GMT
… Association (MAA) announced 2023 auto sales results today, and it’s … the national brands (Perodua and Proton) are continuing their rise after … slump was mostly due to Proton low contribution, but with … .
Last year, Perodua and Proton sold a combined 481,300 …
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Geely Holding’s full-year auto sales jump 20% YoY in 2023
15 Jan 2024 10:18 GMT
Shanghai (Gasgoo)- On January 12, Zhejiang Geely Holding Group ("Geely Holding") revealed that its total automobile sales for 2023 reached approximately 2.79 million units, reflecting a 20% year-on-year (YoY) growth. Notably, the sales of new …
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Geely Holding forecasts nearly 20% YoY jump in 2023 annual auto sales
29 Dec 2023 14:59 GMT
Shanghai (Gasgoo)- Zhejiang Geely Holding Group ("Geely Holding")'s Chairman Li Shufu delivered the New Year's speech for 2024 on December 29, reflecting on the achievements of Geely Holding in 2023 and outlining the development goals for …
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Geely Holding scores 28% YoY jump in Nov. 2023 auto sales
13 Dec 2023 08:25 GMT
… , Geely Holding saw its cumulative auto sales grow 21% over a year … November.
What's more, Proton Auto sold 141,900 vehicles …
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Zhejiang Geely Holding Group scores 26% YoY jump in Sept. 2023 auto sales
16 Oct 2023 14:02 GMT
… WeChat account that its monthly auto sales reached roughly 264,400 units … -on-year jump of 37%.
Proton Cars continued its strong market …