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PETALING JAYA: Vehicle sales fell by 5.8% in October to 61,002 units from 64,762 units in October 2021.

The industry continued to fulfil sales recorded prior to the expiry of the sales and service tax exemption at the end of June, and the Malaysian Automotive Association (MAA) said total industry volume or TIV for October 2022 was 10% lower than September 2022, which was recorded at 67,698 units.

As for the outlook for November 2022, MAA said sales are expected to be maintained at the October 2022 level.

It said the shortage of chips and components continued to affect certain makes, albeit on a much smaller scale.




In terms of production, the total number of vehicles in October was 58,991 units compared with 65,410 units in the same month in 2021.

Year-to-date up to October 2022, total sales recorded were 577,902 units compared with 383,589 units in the same period in 2021.

In terms of production, total vehicles manufactured up to October this year were 567,752 units.

This compared with 369,406 units between January and October 2021.


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