From Yahoo Finance: 2025-05-20 05:34:00

Malaysia’s vehicle market grew by 1% in April 2025, reaching 60,527 units compared to 59,900 units in the previous year. Economic growth slowed to 4.4% in the first quarter of 2025, with the central bank maintaining a 3.0% benchmark interest rate for two years. Vehicle production fell by 13% to 233,916 units in the first four months of the year.

Sales of battery electric vehicles (BEVs) surged by 54% to 9,719 units year-to-date, with China’s BYD Auto and Proton e.MAS7 leading the charge. Market leader Perodua maintained strong sales at 112,462 units, while Proton saw a slight decline to 46,283 units, including 1,327 exports. UMW Toyota Motor reported a 10% decrease to 27,876 units year-to-date.

The first four months of 2025 saw a 5% decline in the Malaysian vehicle market, with light passenger vehicle sales dropping by 4% and commercial vehicle sales falling by 26%. Despite challenges, Perodua remains a key player, while Proton faces a slight decrease in global sales. Total vehicle production in the country also saw a 13% decrease.



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