Market to pick-up after second half
- WRITTEN BY HANS CHEONG, PUBLISHED ON JULY 3, 2012, 10 COMMENTS
- TAGGED WITH: ,TIV
*Note : Unofficial data
Automotive sales for the month of May increased by 22 percent over the previous month, with 58,229 vehicles registered. Cumulative sales for the year is 244,579 units, about four percent less compared to the same five month period last year.
As reported in our quarterly review last month, some car companies are having concerns on sharing out their vehicle sales data to the public. Thus, the figures for Toyota and Lexus models listed here are not from the Malaysia Automotive Association (MAA) but from CBT's unofficial sources.
According to Nissan and Infiniti vehicles distributor Edaran Tan Chong Motor's (ETCM) executive director Datuk Ang Boon Beng, vehicle sales is expected to improve by the second half of this year as vehicle supply is fully restored and the market adjusts itself to the new financial borrowing guidelines.
Because of the recent concerns by car companies in sharing their vehicle sales data, it is not possible to obtain complete set of vehicle sales data from the Malaysia Automotive Association (MAA).
No comments:
Post a Comment