The Malaysian Automotive Association (MAA) announced that new vehicle sales in 2024 surpassed the 800,000 units threshold, setting an all-time high with a Total Industry Volume (TIV) of 816,747 units. This marked a 2.1% increase (up 16,926 units) from the previous record of 799,821 units in 2023. The growth was driven by a resilient economy, improved domestic demand, and strong performances in the passenger car subsegment. This is the third consecutive year the Malaysian TIV has been on an uptre

Arvind

Jan 21, 2025

The Malaysian Automotive Association (MAA) announced that sales of electrified vehicles (xEV) grew 19% from 38,214 units in 2023 to 45,562 units last year. Around 67% of the total xEVs sold in 2024 or 30,796 units consisted of hybrid vehicles. Sales of hybrid vehicles climbed 9.7% in 2024 from the 28,055 units sold the year before but MAA is expecting the outlook of hybrid vehicles to be even stronger with the rationalisation of subsidised RON 95 petrol which is expected to be implemented in the

CY Foong

Jan 21, 2025

China's Leapmotor, and a relatively new entrant to Malaysia's car market, has announced its sales figures for 2024, an increase over 2023 stemming from higher domestic orders and fast expansion into overseas markets. In December 2024, Leapmotor delivered 42,517 units in China, marking a 128% year-on-year increase. However, the real highlight comes from its total sales for the year that reached 293,724 units, solidifying its position among China’s top NEV brands. Globally, Leapmotor International

Sanjay

Jan 21, 2025

Mercedes-Benz Malaysia (MBM) and Malaysia Aviation Group (MAG), the parent company of national carrier Malaysia Airlines, have officially unveiled a strategic partnership earlier today at Hap Seng Star Setia Alam. The partnership, which entails the use of the Mercedes-Benz EQS and S580e electrified vehicles as private terminal transfers for business class flyers, also introduces more value-added luxury services and experiences for their clientele. These include the #MyMercedesRewards, where Mala

Sanjay

Jan 21, 2025

Petronas AutoExpert and CARSOME have formed a strategic partnership to enhance aftersales service offerings for customers across Malaysia. The partnership designates Petronas AutoExpert as CARSOME’s official panel workshop with the car e-commerce platform providing training, internships, and workforce supply to support the expansion of existing and future service centres. Additionally, CARSOME Academy will collaborate with Petronas AutoExpert outlets under Siljil Kemahiran Malaysia (SKM) TVET Ap

CY Foong

Jan 21, 2025