Business NewsLatest News

Vehicle Sales in January 2023 Drop by 35 Per Cent

Vehicle Sales January 2023
Total vehicle production for January rose 36 per cent over the previous year to 58,527 units.

Shortage of Chips and Components Continued to Affect Certain Makes

Based on figures released by Malaysian Automotive Association (MAA), the total industry volume (TIV) was 35 per cent lower than December 2022, which was at 76,657 units. This was due to the short working month because of the Chinese New Year festive holidays. The shortage of chips and components continued to affect certain makes.

New car sales for the month of January, 2023 was 19 per cent higher at 43,927 units compared to January ...

Exclusive content

This content is for subscribers to The Tyreman.
If you would like to support our independent coverage of the tyre industry in Malaysia, you can subscribe to by clicking the subscribe button below.


News by date

The Latest

Subscribe to our newsletter and receive a section of articles every weeks

You May Also Like