TIV grew by 6% YTD, contributed by higher volume registered by local carmakers
By RAHIMI YUNUS / Pic By MUHD AMIN NAHARUL
SALES of vehicles increased by 6.2% to 49,964 units in April from the 47,047 units that were sold in the previous year’s corresponding period.
According to statistics by the Malaysian Automotive Association (MAA), the passenger vehicle segment delivered 45,334 cars in April, an increase of 8.1% year-on-year (YoY) from 41,939 units recorded last year.
However, the commercial vehicle segment declined by 9.4% YoY, or 478 units lower to 4,630. Overall, total industry volume (TIV) grew by 6% year to-date (YTD) from 182,157 to 193,028 units, contributed by higher volume registered by local carmakers.
To date, the industry is at 30.4% of MAA’s TIV forecast of 600,000 units for 2019.
MAA, however, said sales in April was 8.8% or 4,812 units lower than the previous month.
“Higher sales in March 2019 was due to rush for deliveries by companies with their financial year ended on March 31, 2019,” a statement by MAA last Friday read.
Proton Holdings Bhd became the country’s second top-selling carmaker in April for the first time since February 2016, driven by sales of the X70 and an overall improvement in brand image.
Last ranked second in the sales table 37 months ago, the national marque reclaimed the position last month with 7,011 units delivered, a 75% YoY jump to signal that its turnaround is well on track thus far.
Proton’s volume in April was also 14.1% higher than the previous month, bucking the market trend of slower sales, following a strong performance in March, according to a previous statement.
For the X70, Proton stated that it has sold 11,133 units from more than 25,000 bookings.
The X70 is now a champion in the premium SUV category (C-segment) and the market leader in the executive SUV category (priced above RM100,000).
It remains the best-selling SUV in Malaysia this year with a 24% share of the overall segment.
Meanwhile, Perusahaan Otomobil Kedua Sdn Bhd’s (Perodua) sales rose 9.5% YoY to 82,700 cars for the first four months of this year compared to 75,500 vehicles achieved a year ago.
Perodua also set a new record in April with over 22,100 units sold, an increase close to 11% YoY from last year’s 19,939 units.
In that month, Perodua sold over 7,700 units of Myvi, Axia (5,900), Bezza (4,200) and Alza (1,100). For the Aruz, the sevenseater SUV has garnered nearly 20,000 bookings at a daily average of 170 bookings.
Perodua has delivered over 3,200 units of Aruz to date.