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Malaysia 2017 vehicle sales volume at 576,635 units

Mimi Sabreena 4:06:00 PM Informasi

PETALING JAYA (Jan 23): Malaysia's automotive sector's total industry volume (TIV) fell 0.6% to 576,635 vehicles in 2017 versus 580,085 a year earlier as inflationary pressure affected consumer spending, the Malaysian Automotive Association (MAA) said today.

TIV contracted for the second consecutive year in 2017, MAA president Datuk Aishah Ahmad said during a media briefing today. She said MAA's 2017 TIV target was at 590,000 units.

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