June 2017 Vehicle Sales - Market Improves Slightly

Total industry volume for June 2017 improved slightly compared to the same period last year, despite a slight month-on-month drop from May. The total of 50,275 vehicles were sold in June represented a slight 3.3% year-on-year increase, although it was lower compared to 50,600 units in May. For June 2017, a total of 50,275 vehicles were sold, a slight drop from May's 50,600 units. Regardless, year-on-year saw a slight 3.3% increase.

To date, 284,461 vehicles were sold in the country. In the same period last year, a total of 275,385 vehicles were sold, a 9,075 difference. 

Perodua continues to hold the top spot, with 17,821 vehicles sold in June alone. This marks a 3.5% increase over the month before, and a 2.4% increase when compared to the same period last year. For the first half of the year, Perodua sold a total of 99,675 units, with the majority being the Axia and Bezza. Perodua remains optimistic that they can achieve their 202,000 unit goal this year. The company is expected to introduce an all-new Perodua Myvi in the coming months.

Honda remains as the nation's number one non-national car manufacturer with 52,527 units sold to date, a strong 32.5% growth versus the same period last year. Last month, Honda sold 8,808 vehicles, a slight drop from May's 9,153 units. However, we can expect Honda's sales to climb as the company recently introduced its all-new 2017 Honda CR-V and hybrid variants of the City and Jazz. 

As for Proton, a slight increase of 0.7% was observed, with a total of 7,225 units sold, 49 units more than May. Year to date, the national car manufacturer sold 39,393 vehicles, a 10.3% improvement over the same period in 2016. 

Despite June's shorter working month, Mercedes-Benz recorded a 14.5% increase over May, with a total of 1,241 units sold. Within the first six months of the year, the German premium marque sold 6,034 units, a slight drop from last year's 6,094 units. 

BMW also sold more cars in June than it did in May, coming in at 925 units. This marks an 8.4% increase over the month before and a strong 21.5% improvement over the same period in 2016. Despite the increase, BMW's figures continues to trail Mercedes-Benz's

Sales for a few companies dropped, likely due to the shorter working month in June with the Aidilfitri celebrations. We can expect figures to climb in the coming months. 

With 284,461 new vehicles sold this year, the market has hit 47.4% of MAA's forecase of 600,000 units. Sales are expected to pick up in the coming months, as car manufacturers will be introducing several new models, including the all-new 2017 Mazda CX-5. Deliveries of the new Honda City Hybrid and Jazz Hybrid will commence and Honda Malaysia is set to introduce one more new model before the year ends.