Malaysia’s vehicle market saw a slight increase in August 2025, with 73,041 units sold compared to 72,580 units the previous year. Factors contributing to this growth included improved inventories, new model launches, and dealer promotions.

The Malaysian economy expanded by 4.4% year-on-year in Q2 2025, supported by strong domestic consumption. The central bank cut its benchmark interest rate to 2.75% in July to bolster the economy.

In the first eight months of 2025, the vehicle market declined by 4% to 516,862 units, with light passenger vehicle sales dropping by 3% and commercial vehicle sales falling by 16%.

Battery electric vehicle (BEV) sales in Malaysia increased by 63% year-to-date, driven by brands like BYD, Proton, and Tesla. Total vehicle production in the country fell by 9% in the first eight months of the year.

Market leader Perodua’s sales declined by 2% year-to-date, with popular models like the Bezza and Axia driving performance. Proton’s global sales fell slightly, with the Saga and X50 as top-selling models.

UMW Toyota reported a 4% decline in sales to 62,246 units, with the Vios and Hilux as best-selling models.

Read more at Yahoo Finance: Malaysia vehicle market slightly higher in August