{"id":251609,"date":"2024-01-16T17:35:29","date_gmt":"2024-01-16T09:35:29","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=251609"},"modified":"2024-01-16T17:43:26","modified_gmt":"2024-01-16T09:43:26","slug":"malaysia-achieved-record-car-sales-of-799731-units-in-2023","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=251609","title":{"rendered":"Malaysia Achieved Record Car Sales Of 799,731 Units In 2023"},"content":{"rendered":"\n<p>KUALA LUMPUR, Jan 16 (NNN-BERNAMA) &#8211; Malaysia&#8217;s new motor vehicles sales in 2023 rose to a new all-time high of 799,731 units, propelled mainly by the passenger cars sub-segment, amid a resilient domestic economy and a stable socio-political environment.<\/p>\n\n\n\n<p>The Malaysian Automotive Association (MAA), said in a statement today that, the total Industry Volume (TIV) rose 11 percent year on year, surpassing the previous highest sales result of 721,177 units achieved in 2022.<\/p>\n\n\n\n<p>The industry&#8217;s sales growth last year marked the second annual gain since the downturn in 2020-2021, caused by the COVID-19 pandemic.<\/p>\n\n\n\n<p>It was also the second consecutive year the TIV exceeded the 700,000-unit mark.<\/p>\n\n\n\n<p>According to the MAA, the stellar performance in 2023 can be attributed to a number of factors, including fulfillment of tax-free car bookings received, resilient domestic economy, new model launches and improved industry supply chain environment.<\/p>\n\n\n\n<p>Meanwhile, the total industry production (TIP) of new vehicles in 2023 increased by 10 percent, to reach a total of 774,600 units, compared to 702,275 units in 2022.&#8211; NNN-BERNAMA &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Jan 16 (NNN-BERNAMA) &#8211; Malaysia&#8217;s new motor vehicles sales in 2023 rose to a new all-time high of 799,731 units, propelled mainly by the passenger cars sub-segment, amid a resilient domestic economy and a stable socio-political environment. The Malaysian Automotive Association (MAA), said in a statement today that, the total Industry Volume (TIV) [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":251611,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/251609"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=251609"}],"version-history":[{"count":2,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/251609\/revisions"}],"predecessor-version":[{"id":251612,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/251609\/revisions\/251612"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/251611"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=251609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=251609"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=251609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}