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Wednesday, November 18, 2009

Vehicle Sales Rise 22.87 Pct In Oct



Total vehicle sales in October 2009 rose by 22.87 per cent to 46,092 units as compared with the same month last year but the year-to-date market registered a 5.07 per cent contraction.

In October last year, the total vehicle sales was 37,512 units.

The sales up to October this year was 443,711 units versus the 467,425 units sold in the first ten months of 2008, said the Malaysian Automotive Association (MAA) in a statement Wednesday.

Of the total October sales, 41,520 units were passenger vehicles and the remaining 4,572 commercial vehicles, the MAA highlighted.

Production in October this year also increased by 4.13 per cent to 48,191 units from 46,281 units in October 2008 while year-to-date production declined by 10.07 per cent to 404,681 units from 449,988 units last year.

Of the total vehicles produced in October this year, 43,561 units were passenger and the remaining 4,630 units, commercial vehicles.

The MAA said sales volume for this month is expected to recover further amid a continuous favourable market and consumer sentiment, as well as year-end sales campaigns.

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