July 2024 Sees 24% Growth in New Vehicle Sales – MAA
According to the Malaysian Automotive Association (MAA), sales of new cars increased by 11% in July 2024, total industry volume (TIV) coming in at 71,730 units as opposed to 64,790 units during the same time previous year.
Passenger vehicles accounted for 65,781 units, while commercial vehicles saw only 5,949 units sold.
The association stated that the longer working month and the introduction of new models are the main causes of this increase in TIV.
Moving on to vehicle production volume, 70,295 units were produced in July, compared to 66,862 units the previous month. However, the year-to-date production figure tells a different story, with production volume increasing by 8% in July 2024.
As for the August 2024 outlook, MAA expects both sales and production to maintain its momentum with National day promotional campaigns by some car companies.
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
VRF9541
SELANGOR
BSR5747
JOHOR
JA2203J
PULAU PINANG
PSD7450
PERAK
APJ8023
PAHANG
CFH1520
KEDAH
KGH637
NEGERI SEMBILAN
NEK9073
KOTA KINABALU
SJT671
KUCHING
QAB1917P
Last updated 15 Jul, 2026
Fuel Price
Petrol
RON 95
RM 3.97
+1.38
RON 97
RM 4.90
+1.75
RON 100
RM 7.20
+2.20
VPR
RM 8.23
+2.00
Diesel
EURO 5 B10
RM 5.12
+2.08
EURO 5 B7
RM 5.32
+2.08
Last updated 30 Apr, 2026
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