Malaysia vehicle sales up 10% in April from a year ago

Total vehicle sales in April 2018 increased 10.2% or 4,343 units to 47,089 units, compared with 42,746 units a year ago, according to the Malaysian Automotive Association (MAA).

On a month-on-month basis, April saw a decline of 5.8% or 2,896 units as consumers adopted a wait-and-see attitude due to the general elections.

Meanwhile, the association said vehicle sales in May are expected to increase, with many car companies announcing zero-rated Goods and Services Tax (GST) prices following the government’s move to abolish the tax on June 1. This will be boosted by promotional campaigns for Hari Raya Aidilfitri.