In response to information from the Malaysian Automotive Affiliation (MAA), 71,162 automobiles have been delivered to clients within the month of August 2024. That is marginally lower than the 71,730 items offered in July 2024, or 0.8% in share phrases.
On a year-to-year foundation, the variety of automobiles offered in August 2024 is simply over 2% lower than the 72,844 items recorded for a similar month in 2023. On the flip facet, the year-to-date (YTD) complete this yr at 533,301 items is sort of 6% greater the identical January-August interval final yr, which noticed 503,783 deliveries.
As for car manufacturing, 73,966 automobiles rolled off meeting strains in August 2024, which is 9% greater than in August 2023. Equally, YTD car manufacturing climbed 8% within the first eight months of this yr in comparison with the identical corresponding interval in 2023 to hit 536,313 items.
Not like its earlier report for July 2024, the MAA did point out any predictions of what gross sales shall be like for the month of September 2024. In July this yr, the affiliation revised its full-year forecast upwards from its unique goal of 740,000 items to 765,000 items. Based mostly on the present YTD determine, we’re about 70% of the way in which there with 4 months left to go.
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