New vehicle sales in Malaysia increased by 10.5% to 53,365 units in November, compared with 47,755 a year earlier, according to local reports citing government registration data.
This brings total year-to-date sales for the first eleven months of 2012 to 567,170 units, although the market will likely struggle to reach the Malaysian Automotive Association’s (MAA) full-year forecast of 815,000 units – compared with 600,123 units sold in 2011.
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Helping to drive sales growth in November was heavy discounting and promotional activity by foreign brands, which helped them gains market share at the expense of Proton and Perodua.
