Malaysia’s vehicle sales edge up 0.5% in November
by ChemOrbis Editorial Team - content@chemorbis.com
According to data from Malaysia’s Automotive Association (MAA), the country’s total vehicle sales edged up 0.5% month over month to reach 56,092 units in November due to price hike expectations for 2016. Of the 56,092 units sold, passenger vehicles accounted for 49,348 units while commercial vehicles accounted for the remaining 6,744 units.
In the January-November period, meanwhile, total sales reached 597,273 units, down from 601,827 units in the same period of 2014.
The data also showed that Malaysia’s vehicle production increased to 50,203 units in November from 47,422 units in the same month of 2014. Passenger vehicle production held at 45,747 units in total production while commercial vehicle production accounted for 4,456 units. In the first eleven months of the year, vehicle production in Malaysia reached 569,374 units, up from 545,352 units in the same period of last year.
In the January-November period, meanwhile, total sales reached 597,273 units, down from 601,827 units in the same period of 2014.
The data also showed that Malaysia’s vehicle production increased to 50,203 units in November from 47,422 units in the same month of 2014. Passenger vehicle production held at 45,747 units in total production while commercial vehicle production accounted for 4,456 units. In the first eleven months of the year, vehicle production in Malaysia reached 569,374 units, up from 545,352 units in the same period of last year.
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