MAA: Vehicle sales rise to 43,722 units in February

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PETALING JAYA: Malaysia’s motorcar sales for February 2022 went up marginally by 0.63% to 43,722 units, from 43,448 units a yr in the past, in accordance to the Malaysian Automotive Association (MAA).

In its month-to-month replace, MAA stated of the whole, passenger autos (PV) accounted for 38,823 units whereas business autos (CV) comprised 4,899 units.

Year-to-date, sales quantity was larger by virtually 10% at 84,303 units in contrast with 76,840 units in the identical interval in 2021.

MAA stated complete business quantity (TIV) for February 2022 was 8% larger than January 2022, which was 40,581 units.

It stated TIV was larger as auto firms ramped up manufacturing to fulfil backlog orders.

In phrases of complete manufacturing, 51,291 autos had been produced in February 2022 in contrast with 45,199 units in February 2021.

On the outlook for March, MAA expects sales to be larger than February as there can be a push for larger sales by firms having their monetary yr ending on March 31 and longer working month.



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