Malaysia's vehicle sales hit record high in March

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Malaysia's vehicle sales hit record high in March

STORY: Malaysia's vehicle sales hit record high in March DATELINE: April 18, 2023 LENGTH: 00:01:42 LOCATION: Kuala Lumper CATEGORY: ECONOMY SHOTLIST: 1. various of vehicles STORYLINE: Malaysia's vehicle sales rose 7.64 percent to a new all-time high of 78,849 units in March from 73,250 units a year ago, said the Malaysian Automotive Association (MAA) on Monday. MAA said in a statement that the growth was due to the fulfillment of bookings made during the sales exemption period, the rush for deliveries by companies having their financial year ending on March 31, 2023, and Hari Raya festive season promotional campaigns. Compared to total car sales of 63,510 units in February, the sales volume in March was 24.15 percent higher. According to the MAA, Malaysia's new car sales for passenger vehicles and commercial vehicles climbed to 70,958 units and 7,891 units in March, from 65,903 units and 7,347 units a year earlier, respectively. From January to March, the new car sales expanded 20.41 percent to 192,474

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