GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Utama Berita Berita Kereta MAA expects 10% lower car sales in 2023, recession fears + higher bank OPR MAA expects 10% lower car sales in 2023, recession fears + higher bank OPR Berita Kereta Adam Aubrey | January 19, 2023 04:37 PM Forecast for the Total Industry Volume in 2023 is expected to be nearly 10% lower than 2022's due to fears of recession and other factors. It was not all good news at the 2022 annual automotive total industry volume (TIV) review, as the outlook for 2023 looks bleak due to the predicted global slowdown of economic growth and buyer hesitation due to the possibility of an increased Overnight Policy Rate (OPR). (Update: Bank Negara has maintained OPR rate since this article was published) According to the Malaysian Automotive Association (MAA), they predict the TIV volume for 2023 to be 9.8% less than 2022's, due to economic and environmental factors despite the Malaysian economy's expected expansion of 4 to 5%. Total Industry Volume 2023 vs 2022 Market Segment 2023 (Forecast) 2022 (Actual) Variance % Passenger vehicles 585,000 641,773 -8.8% Commercial vehicles 65,000 78,885 -17.6% Total vehicles 650,000 720,658 -9.8% The MAA is predicting that a rush of deliveries of many backlog orders exempted from the sales tax may provide impetus to grow sales in Q1 of 2023, but the challenges and supply chain issues such as shortage of semiconducter chips, uncertainties in geo-political tension, possible resurgence of Covid-19 cases worldwide etc. may affect the country's economic growth momentum and in turn sales of vehicles. ✕ Mari berhubung dengan Whatsapp Kami mematuhi Akta Pelindungan Data Peribadi untuk melindungi anda Saya bersetuju dengan Terma Penggunaan dan Polisi Privasi Carlist.my Saya bersetuju untuk menerima komunikasi yang diperibadikan daripada Carlist.my dan penjual kereta, ahli gabungan dan rakan kongsi perniagaannya. Lihat tawaran kereta terbaik! Prev Next Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. Tag Berkaitan 2023 TIV forecast MAA Cetak Adam Aubrey Content Producer Wants to live the simple life, especially when it comes to cars and bikes. That's what tech is for he reckons, to make motoring simpler Berita Berkaitan MAA – Government Department Cause Of New Vehicle Pricing Delay Berita Kereta Eric | January 18, 2019 If you’re wondering why the prices of some recently-introduced models are listed as an estimate, the Malaysian Automotive Association (MAA) might ... MAA: Government‘s Inability To Address Delay In Approval Of Car Prices Hurting Auto Sector Berita Kereta Hans | January 16, 2019 The Ministry of Finance’s refusal to make decisions with regards to approval of tax incentives for qualified locally-assembled vehicles is the reason ... November 2016 New Vehicle Sales – Slight Improvement But Unlikely To Hit Forecasted 580,000 Units Rencana Hans | December 23, 2016 Total new vehicle sales for Malaysia increased 2.5 percent in November, with a total of 49,085 vehicles sold, according to data from the Malaysian ... October 2016 New Car Sales – Relying On Discounts To Arrest The Decline Rencana Hans | November 21, 2016 Malaysia’s new car market slowed marginally by 0.6 percent in October 2016, selling 312 units less than in September 2016. Cumulative Jan-Oct numbers ... Komen
MAA expects 10% lower car sales in 2023, recession fears + higher bank OPR Berita Kereta Adam Aubrey | January 19, 2023 04:37 PM Forecast for the Total Industry Volume in 2023 is expected to be nearly 10% lower than 2022's due to fears of recession and other factors. It was not all good news at the 2022 annual automotive total industry volume (TIV) review, as the outlook for 2023 looks bleak due to the predicted global slowdown of economic growth and buyer hesitation due to the possibility of an increased Overnight Policy Rate (OPR). (Update: Bank Negara has maintained OPR rate since this article was published) According to the Malaysian Automotive Association (MAA), they predict the TIV volume for 2023 to be 9.8% less than 2022's, due to economic and environmental factors despite the Malaysian economy's expected expansion of 4 to 5%. Total Industry Volume 2023 vs 2022 Market Segment 2023 (Forecast) 2022 (Actual) Variance % Passenger vehicles 585,000 641,773 -8.8% Commercial vehicles 65,000 78,885 -17.6% Total vehicles 650,000 720,658 -9.8% The MAA is predicting that a rush of deliveries of many backlog orders exempted from the sales tax may provide impetus to grow sales in Q1 of 2023, but the challenges and supply chain issues such as shortage of semiconducter chips, uncertainties in geo-political tension, possible resurgence of Covid-19 cases worldwide etc. may affect the country's economic growth momentum and in turn sales of vehicles. ✕ Mari berhubung dengan Whatsapp Kami mematuhi Akta Pelindungan Data Peribadi untuk melindungi anda Saya bersetuju dengan Terma Penggunaan dan Polisi Privasi Carlist.my Saya bersetuju untuk menerima komunikasi yang diperibadikan daripada Carlist.my dan penjual kereta, ahli gabungan dan rakan kongsi perniagaannya. Lihat tawaran kereta terbaik! Prev Next Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. Tag Berkaitan 2023 TIV forecast MAA
Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik.
MAA – Government Department Cause Of New Vehicle Pricing Delay Berita Kereta Eric | January 18, 2019 If you’re wondering why the prices of some recently-introduced models are listed as an estimate, the Malaysian Automotive Association (MAA) might ...
MAA: Government‘s Inability To Address Delay In Approval Of Car Prices Hurting Auto Sector Berita Kereta Hans | January 16, 2019 The Ministry of Finance’s refusal to make decisions with regards to approval of tax incentives for qualified locally-assembled vehicles is the reason ...
November 2016 New Vehicle Sales – Slight Improvement But Unlikely To Hit Forecasted 580,000 Units Rencana Hans | December 23, 2016 Total new vehicle sales for Malaysia increased 2.5 percent in November, with a total of 49,085 vehicles sold, according to data from the Malaysian ...
October 2016 New Car Sales – Relying On Discounts To Arrest The Decline Rencana Hans | November 21, 2016 Malaysia’s new car market slowed marginally by 0.6 percent in October 2016, selling 312 units less than in September 2016. Cumulative Jan-Oct numbers ...