Malaysia’s Commercial Vehicle Sales Drop 21 Per Cent in March

CV Sales-March24
CV Sales-March24
The Malaysian Automotive Association (MAA) reported a 10 per cent increase in new vehicle sales, with figures rising from 64,290 units in February 2024 to 71,052 units in March 2024.

Commercial Vehicle Production Experience Huge Drop in March

According to MAA, this surge was attributed to companies rushing deliveries before the end of their financial year on 31st March 2024, as well as promotional campaigns for the Hari Raya festive season.

However, passenger vehicle sales in March 2024 experienced a nine per cent decline, dropping to 64,760 units from 70,940 units in March 2023. Similarly,...

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