MAA reports October 2025 as the year’s strongest month, with higher TIV driven by BEV demand and promotions despite weaker YTD production.
October’s Momentum to Continue in November – MAA
The Malaysian Automotive Association (MAA) reported positive sales numbers from both passenger and commercial vehicles in October as the total industry volume reached the peak for the year 2025.
In October 2025, 70,321 passenger vehicles were sold, showing a 6.4 per cent improvement compared to the same month last year (66,166). In the commercial vehicles segment, 5,671 vehicles were sold in October 2025, compared to 5,569 in October last year.
The positive sales numbers in October 2025, however, still failed to bring year-to-date sales numbers to the same level as last year. Last year, from January to October, 611,647 passenger vehicles and 55,921 commercial vehicles were sold. This year, during the same timespan, even though there was only -1 per cent difference in passenger vehicle sales, where 606,443 were sold, sales of commercial vehicles still showed a malaise, where only 48,885 were sold from January to October 2025.
When it comes to production, both segments struggled. Last year, the Malaysian auto industry managed to produce 67,588 passenger vehicles and 4,290 commercial vehicles in the month of October. In October 2025, only 65,226 vehicles (61,692 passenger vehicles and 4,034 commercial vehicles) were produced, marking a nine per cent downturn.
In the year-to-date comparison, from January to October 2025, 617,355 vehicles were produced in Malaysia, or seven per cent less than the number of vehicles produced last year. In 2024, also from January to October, 627,041 passenger vehicles and 37,882 commercial vehicles were produced.
Despite another slump in production, the MAA noted that Total Industry Volume (TIV) for October 2025 was the highest month for the year-to-date and 30% higher than September 2025 (58,490 units).
The MAA attributed the higher TIV to two factors. First, there was a rush for purchases of CBU BEVs after the National Budget 2026 announcement on the expiry. Second, there will be a tax exemption for CBU BEVs by the end of December this year. The aggressive year-end promotion campaign also contributed.
For November 2025, the MAA predicted that October’s sales momentum would continue.
