September 2021 Malaysian car gross sales up by 153%

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The Malaysian Automotive Affiliation (MAA) has launched car gross sales information for the month of September 2021, asserting {that a} complete of 44,275 automobiles have been delivered final month. This is a rise of 26,775 items from the 17,500 units sold in August, representing a 153% acquire in quantity.

The affiliation attributed the rise to a full month of restored enterprise operations nationwide following the relief of motion restrictions. It nonetheless added that the ongoing shortage of semiconductor chips had affected gross sales of sure makes, and likewise reported that sure makes confronted some cancellation of orders as a consequence of low client sentiment. It nonetheless didn’t elaborate on the explanations behind this.

In year-on-year phrases, final month’s complete was 13,483 items (or 23.3%) much less that that achieved in September 2020, when 57,758 items have been shifted. As for year-to-date numbers, the overall trade quantity (TIV) for the primary 9 months of 2021 stands at 318,874 items, which is 25,145 items (or 7.3%) behind that of the 344,019 items from the identical interval final yr.

The MAA is projecting gross sales in October to be greater than September, provided that enterprise operations have been restored nationwide and automotive corporations are ramping up manufacturing and deliveries of automobiles. It expects that patrons will proceed to benefit from the SST exemption till that ends on December 31.

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