♦ It should be noted that the sales volume shown for August does not indicate the Total Industry Volume (TIV) as some companies have chosen not to share their data on a monthly basis and will only do so on a quarterly basis.

♦ Although the August sales volume was 8% lower than July’s, the government’s Sales Tax exemption incentive continued to help boost sales as the same month in 2019 registered 3% lower sales.

♦ Cumulative sales after 8 months have reached 285,045 units, 28% lower than for the same period in 2019 but a slightly narrower gap compared to the January – July period for both years.

♦ To achieve the MAA’s 470,000-unit forecast for 2020, the industry must sell an average of 46,238 units in the remaining 4 months. The 52,800 units sold in August were therefore above that level but can high volumes be sustained till the end of the year?

♦ Production rose again as the plants could resume normal production capabilities and respond to the increased demand. The output rose by 5.4% to 50,228 units which comprised 47,934 passenger vehicles and 2,294 commercial vehicles. However, the loss of almost 3 months of production has put the cumulative output 31% behind that of 2019 in the same 8-month period.

Source: Malaysian Automotive Association