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Tag: vehicle sales

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

    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.

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  • China November vehicle sales up 16.6 pct

    China November vehicle sales up 16.6 pct

    China auto sales in November rose 16.6 percent from a year earlier to 2.9 million vehicles, the sixth consecutive month of double-digit growth, the China Association of Automobile Manufacturers said on Monday.

    That compares with an 18.7 percent rise in October and a 26.1 percent rise in September.

    In the first 11 months of 2016, sales grew 14.1 percent compared with the previous year, the association said at a briefing in Beijing.

    In October, the association raised its forecast for full-year 2016 growth to 7 percent, from 6 percent previously.

  • China July vehicle sales rose 23 pct y/y – China Passenger Car Association

    China July vehicle sales rose 23 pct y/y – China Passenger Car Association

    Passenger vehicle sales in China to retail customers rose 23 percent in July from a year earlier, the China Passenger Car Association (CPCA) said on Tuesday.

    Auto retail sales totaled 1.6 million vehicles, CPCA said in a statement on its website. For January-July, passenger car sales rose 11 percent versus the same period in 2015, it said.

    The China Association of Automobile Manufacturers, whose statistics are generally viewed as the benchmark for the industry, is due to report wholesale data for July on Friday.

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