Vehicle sales in Malaysia increase in May 2010.Read the full news from Bernama below.
VEHICLE SALES UP 16% IN MAY.
KUALA LUMPUR, June 18 — Vehicle sales rose again in May 2010, with the year-on-year volume up 16 per cent to 50,845 units from 43,985 units, said the Malaysian Automotive Association (MAA).
In a statement on Friday, MAA said for January-May period, sales rose by 20 per cent to 247,072 units compared with 206,060 units in the same period of last year.
MAA cited the continued favourable market conditions and the increase in output to keep up with demand and delivery of outstanding orders for the good sales.
Sales of passenger vehicles in May 2010 rose to 46,229 units from 40,159 units in May 2009 while that of commercial vehicles increased to 4,616 units from 3,826 units.
For the first five months of this year, sales of passenger vehicles rose to 222,947 units from 187,270 units in the corresponding period last year.
Sales of commercial vehicles increased to 24,125 units from 18,790 units previously.
A total of 49,666 units were produced in May, up from 36,391 units in May last year.
Passenger vehicle production in May increased to 46,045 units from 33,473 units in the same month of 2009 while commercial vehicles rose to 3,621 units from 2,918 units.
In the five-month period, passenger vehicle production rose to 221,626 units from 172,363 units in the same period last year while that of commercial vehicles went up to 20,032 units from 17,611 units.
On the outlook for June, MAA expected year-on-year sales to continue on the uptrend.