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Vehicle sales in Malaysia down slightly in Feb [23-03-2011]  
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TOTAL vehicle sales in February declined marginally to 40,387 units from the 40,654 units recorded in the same month last year and 26 per cent lower than the previous month.

The Malaysian Automotive Association (MAA) blamed the short working month and a seasonal trend in February for the slowdown in sales growth.

The MAA, however, expects sales to bounce back in March to reach the 2010 level as market conditions had returned to normal with the implementation of "catch-up" plans by car companies, interest rate offers and a longer working month.

For the period of January-February this year, sales rose by 4.3 per cent to 95,168 units compared with 91,276 units in the same period last year.

Passenger vehicles sales in February slipped to 36,457 units from 36,551 units in the same month last year, while that of commercial vehicles dropped to 3,930 units from 4,103 units.

During the first two months, passenger vehicles sales went up to 86,063 units from 82,524 units in the same period last year. Sales of commercial vehicles went up 9,105 units from 8,752 units.

Meanwhile, total vehicle production in February increased to 40,941 units from the 40,272 units registered in the same month last year.

Passenger vehicle output for the month edged up to 37,399 units from the 36,740 units for the same period of 2010 and commercial vehicle production rose slightly to 3,542 units from 3,532 units.

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