Automotive Sector TIV Surges 30 Pct In October, Highest Month Year-to-date -- MAA
KUALA LUMPUR, Nov 19 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) surged 30 per cent to 75,992 units in October 2025 from 58,490 units in September, marking the highest month for the year-to-date (YTD), according to the Malaysian Automotive Association (MAA).
In a statement today, MAA said the higher TIV was mainly driven by the rush to purchase completely built-up (CBU) battery electric vehicles (BEVs) following the Budget 2026 announcement of the expiry of tax exemption for CBU BEVs by the end of December this year.
It said the growth was also supported by an “aggressive year-end promotional campaign by automotive companies.”
However, MAA noted that the YTD TIV was two per cent lower at 655,328 units compared with 667,568 units in the same period of 2024.
On a year-on-year basis, the October 2025 TIV was seven per cent higher at 75,992 units, comprising 70,321 passenger vehicles and 5,671 commercial vehicles, as against 71,685 units in the same month last year.
As for production, a total of 65,226 units were produced, including 61,192 passenger vehicles and 4,034 commercial vehicles, as compared to 71,878 units a year earlier.
Looking ahead, MAA said “the current sales momentum is expected to continue in November 2025.”
-- BERNAMA