Malaysia: Total vehicle sales jumps 40% in May

• Jun 20, 2019

PETALING JAYA: Total vehicle sales jumped more than 40% to 60,780 units last month compared with 42,977 units a year earlier, as demand for cars was spurred by promotional campaigns in conjunction with the Hari Raya festive season.

In a statement today, the Malaysian Automotive Association (MAA) said sales volume in May was 22% or 10,816 units higher than April 2019.

For the first five months of this year, cumulative sales rose to 253,808 units from 225,134 units a year earlier.

On its expectations for June, the MAA said sales is expected to be lower than the month of May, in light of it being a shorter working month.

The association has forecast total industry volume to hit 600,000 units this year.

Source: https://www.thestar.com.my/business/business-news/2019/06/20/total-vehicle-sales-jumps-40pc-in-may/#PGZH5F0zs1WOViiJ.99