Malaysia’s Automotive Sales Drop 15% in May

Malaysia’s total industry volume (TIV) for the automotive sector fell 15% month-on-month to 61,250 units in May, reflecting softer consumer demand and market adjustments. Auto Sales Slow as Market Faces Demand Pressures Industry analysts attribute the decline to seasonal factors, cautious consumer spending, and normalization after earlier strong sales periods. Rising costs and financing considerations … Continue reading Malaysia’s Automotive Sales Drop 15% in May