Malaysia’s CV market saw a 12% production rise in April 2025, but sales dropped 5% YoY, according to MAA‘s latest report.
CV Slump Reflects a General Trend in the Malaysian Auto Industry – MAA
The commercial Vehicles (CV) segment in the Malaysian auto industry delivered mixed results in April 2025 with an uptick in production and a slight decline in sales, according to the latest report from the Malaysian Automotive Association (MAA).
A 12 per cent increase was recorded in CV production in April 2025, reaching 3,388 units compared to last year’s 3,038 units. Despite this uptick, the year-to-date number still suffered. From January to April 2024, 14,270 units of CV were produced in Malaysia. This year, during the same period, the number was down 15 per cent to 12,194 units.
In sales, the CV segment failed to follow the better trend in Passenger Vehicles (PV). While PV sales recorded a 2 per cent increase compared to last year, CV sales were down 5 per cent from 4,774 units sold in April 2024 to 4,556 units sold this year. The year-to-date number for PV sales was even worse, declining 26 per cent from 22,132 in January-April 2024 to 16,274 in the same period this year.
This decline reflects a general trend which also occurred in the PV segment. Aside from the 5 per cent uptick in sales in April 2025, everything else was also down for this segment. The MAA said that there were two factors behind this slump: the long Hari Raya break from April 1 to 6 and high festive deliveries in March 2025″.
However, the slump is not expected to last long. The MAA predicted that, in May 2025, TIV numbers for PV and CV could rise again thanks to the higher demand from the East Malaysian market due to the Kaamatan and Gawai festive celebration (May 30 – June 2, 2025), higher number of working days in May 2025 compared to April 2025, and sales effect from the introduction of new models from earlier months.