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Malaysia’s Vehicle Sales Surge by 31 Per Cent in January

MAA Car sales
MAA Car sales
In January 2024, Malaysia’s automotive industry witnessed a significant uptick in new vehicle sales, according to the Malaysian Automotive Association (MAA).

Exploring Vehicle Sales Growth Amidst Short-Term Decline Projections

A total of 65,499 new vehicles were sold during the month, marking a substantial 31 per cent increase compared to January of the previous year, when sales of 50,168 units were recorded.

However, despite this impressive year-on-year growth, January’s sales figures represented a 16 per cent decrease compared to December 2023, when sales peaked at 78,398 unit...

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