News Room - Business/Economics

Posted on 21 Nov 2025

Malaysia’s new car production drops in October

Malaysia’s new car production fell by 9% year-on-year to 65,226 units in October, Kallanish notes.

The Malaysian Automotive Association (MAA) says in a statement that this brought the first ten months production to 617,355 units, down 7% y-o-y.

Meanwhile, the country’s new car sales in October stood at 75,922 units, increasing by 6% from a year ago. The total industry volume (TIV) for October was the highest month year-to-date so far.

On month-on-month basis, the TIV was 30% higher than 58,490 units in September.

The higher TIV was due to a rush in purchases of completely built up (CBU) battery electric vehicles (BEVs) after the National Budget 2026 announcement on the expiry of the tax exemption by end-December this year. Aggressive year-end promotional campaign by automotive companies also boosted sales.

In the first ten months, new car sales slipped by 2% y-o-y to 655,328 units.

According to MAA, the current sales momentum is expected to continue in November.

Source:Kallanish