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18 Aug
10:53

Malaysia automotive output soars in July

Malaysia’s vehicle production surged 19-fold on-year in July to 52,061 units, versus only 2,775 units in the year-earlier month. January-July production thus rose 51.6% on-year to 369,994 units, from 244,063 units a year earlier. Malaysian vehicle sales meanwhile fell 23.03% on-month to 48,922 units in July, Kallanish notes. According to Malaysian Automotive Association (MAA), the fall was due to exceptionally high total industry volume (TIV) in June. This…
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