Vehicle Sales Up 16.8 Per Cent In April
KUALA LUMPUR, May 17 (Bernama) -- Sales of passenger cars and commercial vehicles in April increased 16.8 per cent year-on-year to 48,706 units from 41,686 units, says the Malaysian Automotive Association (MAA).
It attributed the higher sales to the rush to take delivery of the vehicles before the hike in interest rate.
However, sale of cars and commercial vehicles in April was 7,433 units, down 13.2 per cent when compared with March as production could not meet the April delivery deadline.
Sales of passenger cars in April rose to 43,661 units from 37,810 units in the corresponding month last year while that of commercial vehicles rose to 5,045 units from 3,876 units, said MAA in a statement on Monday.
Sales of passenger vehicles in the first four months of this year increased to 176,718 units from 147,111 units in the corresponding period last year.
Sales of commercial vehicles in the same period shot up to 19,403 units from 14,964 units previously.
For Jan-April period, total industry volume was up to 196,121 units from 162,075 units in the same period last year.
MAA said total vehicle production in April jumped to 49,666 units from 39,574 units in April last year.
Passenger vehicles production in April increased to 46,045 units from 36.562 units in April last year while commercial vehicles increased to 3,621 units from 3,012 units.
Passenger vehicles production in the four-month period rose to 176,686 units from 138,890 units in the same period last year while that of commercial vehicles went up to 16,127 units from 14,693 units.
For May sales forecast, sales volume is expected to be maintained at April level but higher than May last year.
-- BERNAMA
No comments:
Post a Comment