KUALA LUMPUR, April 22 (Bernama) -- The Malaysian Automotive Association (MAA) reported that the automotive sector’s total industry volume (TIV) rose by 12 per cent month-on-month in March 2025 to 72,704 units compared to 65,061 units in February.
“The higher TIV growth can be attributed to the Hari Raya festive celebration and attractive promotional offers from automotive companies,” it said in a statement today.
On a year-on-year basis, MAA said the TIV also improved by two per cent from the 71,199 units recorded in March 2024.
The association noted that a total of 58,063 vehicles were produced in March this year, down 13 per cent from the same month last year.
It said passenger vehicles accounted for 55,301 units, while commercial vehicles accounted for 2,762 units.
On the industry’s outlook, MAA expects the TIV for April to be lower than March due to the long Hari Raya celebration break during the first week of the month.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial