Malaysia Vehicle Sales Decline 13% in March 2026
Malaysia's vehicle sales dropped 13% year-on-year to 63,489 units in March 2026, marking the second consecutive monthly decline. The decline is attributed to the timing of the Eid holidays and a 3% drop in sales for the first quarter of 2026. Despite this, BEV sales more than doubled in the first quarter.
Topics: BEV sales economic data Eid holidays Malaysia automotive market market decline vehicle sales