According to the Malaysian Automotive Association, the country's Total Industry Volume (TIV) for vehicle sales will drop from around slightly over 600,000 to about 400,000 due to economic slowdown forced globally by the COVID-19 pandemic. This will be something to monitor closely as now, Malaysia is coming out from the Movement Control Order (MCO) period and people are now going back to work, albeit in a different, more social distanced way. We are now getting the first reports of sales figures and the first is Perodua, which has closed the month of May 2020 with 7,886 cars sold, bringing its year-to-date (YTD) sales total to 52,920 units.
One of the oldest Automotive blogs in Malaysia. Since 2006 and going strong. Motoring-Malaysia.blogspot.my is an award winning Malaysian motoring / automotive / car news & reviews website or auto blog. It is where we rant and rave about cars, trucks, buses, motoring, motor vehicles and any interesting automotive industry related stuff. Unswayed in our point of view and darn proud of it! It's not about the numbers...it's about passion.
Showing posts with label slowdown. Show all posts
Showing posts with label slowdown. Show all posts
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