Total vehicle sales soar 40% in May
By THE STAR | 20 June 2019PETALING JAYA: Total vehicle sales jumped more than 40% to 60,780 units last month compared with 42,977 units a year earlier, as demand for cars was spurred by promotional campaigns in conjunction with the Hari Raya festive season.
In a statement today, the Malaysian Automotive Association (MAA) said sales volume in May was 22% or 10,816 units higher than April 2019.
For the first five months of this year, cumulative sales rose to 253,808 units from 225,134 units a year earlier.
On its expectations for June, the MAA said sales is expected to be lower than the month of May, in light of it being a shorter working month.
The association has forecast total industry volume to hit 600,000 units this year.
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