Malaysia’s automotive sector saw a 13% decline in sales in March, largely attributed to a slowdown during the festive season. The dip follows a strong performance in previous months.
Malaysia Auto Sales Fall 13% in March
Industry players noted that consumer activity typically eases during festive periods, affecting vehicle purchases. Despite the decline, overall demand remains stable on a longer-term basis.
Analysts expect sales to recover in the coming months as market conditions normalise. The sector continues to show resilience, supported by underlying demand and ongoing economic activity.
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