With the release of Malaysia’s vehicle sales performance for the first half of the year, the Malaysian Automotive Association (MAA) has also provided results for the top six car companies – all of which comprised 88.1% of the total industry volume (TIV).
As usual, the table is topped by perennial market leader Perodua, but the national carmaker’s performance was even stronger than the year before, despite there not being any new model launches since the second-generation Axia last February.
The company sold 169,849 vehicles in the first six months of the year, an increase of 17.4% over the 144,690 units shifted in the same period in 2023 – itself a 13.6% bump over 2022. This phenomenal showing boosted Perodua’s market share by a full four per cent to 43.5%.
Not so good news for Proton, sales of which fell by 5.2% from 76,012 to 72,088 units, with a commensurate drop in market share from 20.8% to 18.5%. Still, Perodua’s sales more than made up for this shortfall, contributing to a total figure of 241,937 units for national brands.
Market share for these two companies, meanwhile, stayed virtually flat at 67.8% of the passenger car segment (it was 68% during the same period last year, and 66.9% throughout the whole of 2023), and 62% of the TIV (up from 60.3% in the first half of 2023).
As for the rest of the top six, Toyota continued its reign at the top of the non-national stakes, even though sales fell 4.5% to 45,962 units. Hot on its heels was Honda, which retained its crown for passenger cars with sales growing by 16.3% to 39,226 units.
Meanwhile, Mazda has overtaken Mitsubishi for fifth place, even though its sales fell by 12% to 8,389 units. The three-diamond brand’s drop in sales was far more drastic, falling by 30% to just 8,265 units.
Looking to sell your car? Sell it with Carro.
Content Disclaimer and Copyright Notice
Content Disclaimer
The content provided on this website is sourced from various RSS feeds and other publicly available sources. We strive to ensure the accuracy and reliability of the information, and we always provide source links to the original content. However, we are not responsible for the content’s accuracy or any changes made to the original sources after the information is aggregated on our site.
Fair Use and Copyright Notice
This website may contain copyrighted material, the use of which has not always been specifically authorized by the copyright owner. We believe this constitutes a “fair use” of any such copyrighted material as provided for in section 107 of the US Copyright Law.
In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.
