KUALA LUMPUR: Vehicle sales in Malaysia fell 20.8% in September to 40,981 units from August due to the shorter working month and more stringent hire purchase rules, says the Malaysian Automotive Association (MAA).
It said on Monday sales – comprising of 36,517 passenger vehicles and 4,464 commercial vehicles -- fell 14.8% from the 48,125 units a year ago.
Total industry vehicles for the period January to September were however, up 1.8% to 425,711 units from 418,277 units in the previous corresponding period.
In terms of production, year-to-date there was a decline to 381,171 units from the 3865,965 units from a year ago.
On the outlook for October, the MAA expected sales volume to be better than in September because of the longer working month.