KUALA LUMPUR, Jan 24 (NNN-BERNAMA) – Analysts have foreseen lower new car sales in Malaysia this year, after total industry volume (TIV) hits historical high last year.<\/p>\n\n\n\n
Kenanga Research said in a recent note that, following a record performance, it expects Malaysia’s TIV for the first quarter to weaken, as automakers and consumers take a breather, while preparing for the coming festive period.<\/p>\n\n\n\n
“We project a TIV of 725,000 units this year, as a reflection of the trend in 2015, when TIV reached a peak, then fell 13 percent post-goods and services tax (GST) holiday,” said the research house.<\/p>\n\n\n\n
Meanwhile, Hong Leong Investment Bank Research expects 2026 TIV in Malaysia to normalise to 780,000 units, down five percent from 2025.<\/p>\n\n\n\n
“We expect national original equipment manufacturers (OEMs) to sustain their sales momentum into 2026, while non-national marques will likely remain under pressure, amid heightened competition from new market entrants, which offer aggressive pricing, improved designs, and enhanced product offerings,” said the research house.<\/p>\n\n\n\n
After four consecutive years of growth, RHB Investment Bank also expects TIV to tone down slightly by two percent to 805,000 units, coming from a high base and softening of car replacement cycles, though macroeconomic conditions are still supportive of car purchases.<\/p>\n\n\n\n
“We maintain our cautious outlook on the sector, as we think the intensifying competition in the non-national segment will continue to persist, alongside the lack of near-term re-rating catalysts, to boost TIV to record highs,” said the research house.<\/p>\n\n\n\n
Key risks in the sector include softer-than-expected orders and intense price competition, it added.<\/p>\n\n\n\n
Malaysia’s TIV in 2025 hit a new high of 820,752 units on the back of a strong month in Dec, driven by favourable financing, strong domestic demand and robust economic growth.<\/p>\n\n\n\n
The Malaysian Automotive Association (MAA) has projected TIV to decline to 790,000 units this year, down four percent year-on-year.– NNN-BERNAMA <\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, Jan 24 (NNN-BERNAMA) – Analysts have foreseen lower new car sales in Malaysia this year, after total industry volume (TIV) hits historical high last year. Kenanga Research said in a recent note that, following a record performance, it expects Malaysia’s TIV for the first quarter to weaken, as automakers and consumers take a […]<\/p>\n","protected":false},"author":10,"featured_media":322991,"comment_status":"closed","ping_status":"","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\/322989"}],"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=322989"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/322989\/revisions"}],"predecessor-version":[{"id":322990,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/322989\/revisions\/322990"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/322991"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=322989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=322989"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=322989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}