Saturday, December 17, 2011

And The Motor Vehicle Sales Is Down And UP...

Here's the Edge Malaysia version:

  • MAA: November vehicle sales at 48,702 units, dn 9% on-month
    Written by Joseph Chin of theedgemalaysia.com
    Friday, 16 December 2011 16:23

    KUALA LUMPUR (Dec 16): The Malaysian Automotive Association expects vehicle sales to moderate further in December, extending the decline from November where sales were lower at 48,702 units.

    It said in a statement on Friday the November sales were down 4,913 units or 9% from October’s 53,615 units. However, when compared to a year ago, sales climbed 9%.

    MAA said the slower sales were also due to the severe floods in Thailand which had disrupted certain makes of vehicles. Of the 48,702 units, passenger vehicles accounted for 42,754 and the remaining 5,948 were commercial vehicles.

    “Sales volume for December 2011 is expected to moderate further due to the preference of customers to wait and take delivery of 2012 production year stocks and also the impact of the floods in Thailand may affect supply,” it said.

    The trade body said from January-November, total vehicle sales rose marginally to 552,561 units from 550,391 in the previous corresponding period. Passenger vehicles accounted for 492,884 units and the remaining 59,677 units were commercial vehicles.

    MAA data also showed that total production in November declined to 35,355 units from 36,265 units a year ago. Year-to-date, it said production fell 4.6% to 501,755 units from 526,194 units in the previous corresponding period.
Link to article:  http://www.theedgemalaysia.com/business-news/198008-maa-november-vehicle-sales-at-48702-units-dn-9-on-month.html

Here is the Star Biz version:
  • Saturday December 17, 2011
    Vehicle sales up 8.6% in November
    By FARAH FAZANNA ZULZAHA

    KUALA LUMPUR: Total vehicle sales rose 8.6% to 48,702 units in November, from the 44,845 units sold in the same month last year, said the Malaysian Automotive Association (MAA).

    It also said that November sales were down 9%, or 4,913 units, from October.

    However, compared with a year ago, sales in November registered an increase of 9%.

    Of the 48,702 units, passenger vehicles accounted for 42,754; the remaining 5,948 were commercial vehicles.

    MAA said in a statement that the slower sales were due to the floods in Thailand, which had disrupted the production of certain makes of vehicles.

    From January to November, total vehicle sales rose to 552,561 units from 550,391 in the previous corresponding period.

    Passenger vehicles accounted for 492,884 units and the remaining 59,677 units were commercial vehicles.

    MAA data also showed that November total production declined 2.5% from 36,265 units in a year ago to 35,355 this year.

    Year-to-date, it said production fell 4.6% from 526,194 units to 501,755 units in the previous corresponding period.

    “Sales volume for December is expected to moderate further and customers are advised to wait and take delivery of 2012 production year stocks and the impact of floods in Thailand may affect supply,” said MAA.
Link to article: http://biz.thestar.com.my/news/story.asp?file=/2011/12/17/business/10114594&sec=business

4 comments:

Ronnie said...

Instead of seeing a glass as half-full or half-empty, it probably means we need to ask ourselves how thirsty we are for a drink.

So, if I need to buy a car, it's up and encouraging; if I don't need one, then it's probably down. True?

Gotta tell myself to stop reading between the lines in newspapers.

Moolah said...

ronnie: yeah... them lines are always fuzzy...

Moolah said...

.... LOL!

:P

Moolah said...

.... !!!!

:P