Ve­hi­cle sales vol­ume in Septem­ber down 7.9%

The Sun (Malaysia) - - SUNBIZ -

PETALING JAYA: Sales vol­ume of ve­hi­cles in Septem­ber was 7.9% or 4,121 units lower than in Au­gust 2016 on strin­gent hire pur­chase loans ap­proval, cau­tious con­sumer sen­ti­ment and the wait for new model launches, the Malaysian Au­to­mo­tive As­so­ci­a­tion said in a state­ment yes­ter­day.

To­tal in­dus­try vol­ume year to date was down 13.8% at 418,433 units, com­pared with the same pe­riod in 2015.

Sales vol­ume for Oc­to­ber 2016 how­ever is ex­pected to be slightly higher than Septem­ber 2016 on new model launches. Sales vol­ume for Septem­ber 2016 stood at 48,191, com­pared with 51,099 for the same month in 2015. This was on lower pro­duc­tion of ve­hi­cles at 41,453 for Septem­ber in 2016, com­pared with 45,734 pro­duced in 2015.

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