October 2023’s Malaysian Vehicle Sales Saw Significant Increase In Numbers
For the month of October 2023, the Malaysian Automotive Association (MAA) has reported an upsurge in new car sales.
The entity reports that this month's figure, at 74,896 units, represents a 10% increase in Total Industry Volume (TIV) over September 2023's 68,156 units.

As for the Total Industry Production (TIP) volume, it peaked at 74,191 units for October 2023. Much higher than September 2023’s 69,133 units.


The strong TIV growth was primarily in the passenger vehicle segment, which was primarily driven by national brands. MAA forecasts that the sales for November 2023, is likely to be comparable to those in October 2023.
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VQT3592
SELANGOR
BSP781
JOHOR
JYU4826
PULAU PINANG
PSB3029
PERAK
APG5209
PAHANG
CFG1610
KEDAH
KGF2308
NEGERI SEMBILAN
NEK146
KOTA KINABALU
SJR2985
KUCHING
QAB5302N
Last updated 13 Apr, 2026
Fuel Price
Petrol
RON 95
RM 2.59
+0.05
RON 97
RM 3.15
+0.05
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 3.04
+0.05
EURO 5 B7
RM 3.24
+0.05
Last updated 26 Feb, 2026
Related News
MAA: Jan 2026 New Vehicle Sales Down by 29% at 64,298 Units
Jan 2026 saw a total of 64,298 units of new vehicles being sold, marking a 29% decrease over the previous month.
16-02-2026
OMV Revision Resolved, No Price Increase for CKD Cars in 2026 – MAA
No price increase for CKD cars in 2026, as the revised OMV framework issue has been resolved, said the MAA.
20-01-2026
AFTA, ACFTA 2026 CBU EV Imports to Face 5/10/10% Taxes - MAA
As blanket incentives end, a 5% import duty, 10% excise duty and 10% sales tax for CBU EVs imported under AFTA and ACFTA comes into effect.
20-01-2026
MAA 2026: CKD EVs Will Win, Hybrids Will Grow & ICE Isn’t Dead Yet
MAA expects buyer behaviour to diverge in 2026 as cost, range and fuel prices shape demands for EV, hybrid and ICE.
29-12-2025
MOF Extends OMV Relief: CKD Vehicle Prices Safe Until June 2026
MOF confirms that non-manufacturing costs under OMV remain fully excise-exempt for another six-months.
26-12-2025
MAA: Nov 2025 Vehicle Sales Dip 4.6% from Oct, BEV Rush Keeps Market Strong
MAA reported solid vehicle sales in Nov 2025, with 72,509 units sold, slightly lower than Oct’s 75,992 units.
19-12-2025
MAA: Oct 2025 Vehicle Sales Surge 30%, Boosted by BEV Demand
MAA reports 30% rebound in Oct powered by a nationwide BEV rush ahead of the CBU tax exemption deadline.
19-11-2025
KLIMS 2026 – ‘Beyond Mobility’ Theme Retained, Key Brands Announced
KLIMS 2026 set to retain ‘Beyond Mobility’ theme, over 20 key participating brands confirmed too.
07-11-2025
Latest News
The End of RM1.99? World Bank Urges RM2.05 Price Tweak
The World Bank urges Malaysia to raise RON95 petrol prices to RM2.05. With a RM4 billion monthly subsidy bill and Brent crude at US$100, find out why the RM1.99 era might be ending.
13-04-2026
From Wok to Work: FELDA’s B100 Biodiesel Can Fix the Diesel Price Crisis?
FELDA Chairman Ahmad Shabery Cheek reveals how B100 Biodiesel (Palm Oil) could fix Malaysia's diesel price crisis. Learn about the RM4.50 price target and the 50,000km engine trials.
13-04-2026
A Sense of Crisis: What Toyota, Ford, and Honda’s Leadership are Saying About the Future
Legacy automakers are facing a 'Change or Die' moment. From Honda's $15.8 billion loss to Toyota's survival warning, see why 'China Speed' is winning.
11-04-2026
Why Is Global Oil Falling But Our Petrol Price Is Still High? — MOF Explains The 'Lag'
Why is global oil falling but Malaysia’s petrol price is still high? MOF explains the APM "lag effect" and why unsubsidized RON95 hit RM4.27 this week.
10-04-2026
Proton X50 ‘Black Edition' Look Goes Permanent: Quartz Black Now Available for All Variants
Proton X50 Quartz Black is now permanent for all variants!
09-04-2026
SUPER GT 2026 Malaysia Might Not Happen At All? Here’s What We Know So Far
Is SUPER GT 2026 Malaysia cancelled? Reports suggest the Malaysian round may be called off due to fuel concerns and high costs. Get the latest updates here.
07-04-2026
Is It Illegal To Borrow Your Parents' MyKad For Subsidised Petrol? Here’s What The Law Says
Can you use a family member's MyKad for Budi95 petrol? JPN warns that sharing IDs at the pump is prohibited and under investigation. Get the official rules here.
06-04-2026
Tough Times, But Everyone Still Wants a Saga: Sales Jump 38% Despite a Slow Market
Proton Saga defies the 2026 market slump with a 38% sales surge! Discover the new 1.5L engine, Level 1 ADAS, and tech upgrades making it Malaysia’s top choice.
03-04-2026
Show More
trending_flat