Malaysia vehicle market grows by 1% in April
Malaysia’s new vehicle market expanded by 1% to 60,527 units in April 2025 from 59,900 units a year earlier, according to registration data released by the Malaysian Automotive Association (MAA).
Economic growth in the country slowed to 4.4% year-on-year continued in the first quarter of 2025 from a downwardly revised 4.9% growth in the fourth quarter of 2024, reflecting slowing export growth and slightly weaker domestic consumption growth. Malaysia’s central bank has kept its benchmark interest rate unchanged at 3.0% for the last two years.
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In the first four months of 2025 the market declined by 5% to 248,730 units, following a weak start to the year, from record sales of 263,050 units in the same period last year. Light passenger vehicle sales fell by 4% to 232,456 units in this period while commercial vehicle sales plunged by 26% to 16,274 units.
Sales of battery electric vehicles (BEVs) increased by 54% to 9,719 units year-to-date, driven mainly by China’s BYD Auto and its Denza brand with 3,602 units combined, and the recently-launched Proton e.MAS7 with 2,537 sales.
Total vehicle production in the country fell by 13% to 233,916 units in the four-month period.
Market leader Perodua continued to outperform this year, with sales largely unchanged at 112,462 units year-to-date.
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By GlobalDataProton’s global sales fell by almost 8% to 46,283 units in the first four months of 2025, including 1,327 exports. The Saga was by far its best-selling model with 20,998 sales; followed by the Geely-based X50 compact SUV with 7,506 units; and the Geely-based S70 sedan with 6,181 units. The company confirmed that production of the Saga model began at its CKD plant in Egypt in the final week of February, with the aim of supplying markets across North Africa.
UMWToyotaMotor reported a 10% sales decline to 27,876 units year-to-date.
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