Nov 2025 Vehicle Reg Down 4.4% MoM, xEV Edges Up 10.3%

Malaysia’s car market held steady in Nov 2025 with 77,876 new vehicles registered, based on data from data.gov.my. Although this is a modest 4.4% dip from Oct’s 81,413 units, overall momentum remains solid. The market is still on course to reach the 800,000-unit mark for the year, with cumulative registrations now above 720,000 units.

Petrol vehicles continued to anchor demand with 65,688 registrations, making up 84.3% of all cars sold in Nov. While slightly softer than Oct, the segment remains consistent with long-term buying trends.

Perodua once again led the charts. The Bezza topped the list with 9,073 units (13.8% of all petrol cars), followed by the Axia (7,558), Saga (6,571) and Myvi (5,795). The Ativa also held its position with 4,606 units, securing fifth place.

Diesel sales were stable at 4,224 units, or 5.4% of total registrations. The Toyota Hilux dominated the segment with 2,429 units - an impressive 57.5% share - far ahead of the Isuzu D-Max (590), Mitsubishi Triton (352), Toyota Fortuner (187) and Ford Ranger (184). Together, the top five diesel models accounted for 87% of the segment.

Electric vehicles (EVs) continued their upward trajectory with 5,417 registrations, representing 7% of the Nov market - reflecting growth in both volume and share compared to Oct.

Tesla and Proton remained the main drivers of EV demand in Nov. The Tesla Model Y led with 810 units (15% EV share), closely followed by the Proton e.MAS 7 at 786 units (14.5%). The Model 3 (491), BYD Atto 3 (440) and BYD Sealion (427) rounded out the top five, contributing 62% of all EV registrations. There were also 18 units of the recently launched Perodua QV-E registered, most likely test drive units for dealerships. 

Hybrids posted 2,547 units, or 3.3% of the market, keeping a steady pace even as BEV adoption accelerates. The Toyota Corolla Cross Hybrid remained the strongest performer with 549 units, ahead of the GWM Haval H6 Hybrid (513) and Chery Tiggo (262). Honda’s CR-V (157) and HR-V (138) brought the top five to a combined 61% of hybrid sales.

Taken together, xEV's (BEVs + hybrids) made up 10.3% of all registrations in Nov - higher in both share and volume compared to Oct. This shows a gradual, steady shift toward xEVs, though adoption is still slower than many in the industry had anticipated.

Despite the positive trend, EV uptake remains below expectations as the tax exemption window nears its end. Buyers are confident that clearer CKD plans from most brands could potentially keep prices stable into 2026, with Tesla being the key exception - likely facing price hikes post-incentives and driving its strong year-end push.