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Malaysia August 2019: Perodua (+12.5%) recovers, Proton (-3.9%) reaches highest share in 4 years in market logically down -22%

Proton hits its highest market share at home since July 2015.

For the third consecutive month, the Malaysian new vehicle market suffers from an unusual high year-ago comparison base as GST was temporarily scrapped between June and August 2018. As a result this month’s sales drop -22% year-on-year to 51.148 units, leading to a year-to-date volume down -6% to 398.325. Perodua (+12.7%) manages the only year-on-year gain in the Top 16 because of a extraordinarily weak performance a year ago (27.2% share) and is in fact in line with its YTD level at 39.2% share vs. 40.6% so far this year. Proton (-3.9%) once again performs a lot better than the market, reaching 17.8% share which is its highest in over 4 years – since July 2015 (18.5%). In the remainder of the Top 10, Honda (-29.8%), Toyota (-38.4%), Mercedes (-44.1%), Mitsubishi (-48.3%), Mazda (-48.5%), Nissan (-51.2%), BMW (-54.5%) and Isuzu (-64.9%) all fall faster than the market. Only Daihatsu (+29.3%) at #17 and Bei Ben (+500%) at #34 manage an uptick in the entire market while Mini (-12.5%) and Tata (-16.7%) manage to contain their loss to below the market rate.

Previous month: Malaysia July 2019: Proton (+6%) only island of growth in market logically down -25.7%

One year ago: Malaysia August 2019: Third (and final) month without GST sees 26.8% jump

Full August 2019 Top 43 All-brands ranking below.

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