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1-10 results from 137 for query «maa»

July 18, 2018 5:14 AM MAA cuts TIV forecast by 0.8% to 585,000 units for 2018 on concerns over SST

PETALING JAYA: The Malaysian Automotive Association (MAA) has revised downwards its total industry volume (TIV) forecast by 0.8% for 2018 to 585,000 units from 590,000 units projected earlier this year, mainly due to concerns on the reintroduction of the sales and services tax (SST). MAA president Datuk Aishah Ahmad said prices of vehicles are expected 9

July 18, 2018 4:00 AM Motor vehicle TIV rose 1.8% in the first half of 2018

PETALING JAYA: Total Industry Volume (TIV) of new motor vehicles for January-June 2018 rose 1.8% to 298,714 units from the 284,453 units recorded in the same period last year, said the Malaysian Automotive Association (MAA). President Datuk Aishah Ahmad said the higher TIV was contributed by a 2.1% increase in the passenger vehicle segment, or 5,295 units 8

June 20, 2018 1:12 PM MAA: Car sales down 15% in May from a year ago

PETALING JAYA: Vehicle sales contracted 15% to 42,983 units in May against 50,594 units in the same month last year, according to the Malaysian Automotive Association (MAA). On a month-on-month basis, the sales were down by 9% or 4,106 units, due to market uncertainty following the announcement of the zero-rated Goods and Services Tax (GST). “Many customers 7

April 20, 2018 1:53 AM Report: March vehicle sales up 23.2pc

The longer working month of March likely contributed to the positive numbers as companies rush to send cars out to close books. — Bernama picKUALA LUMPUR, April 20 ― Vehicle sales in March rose 23.2 per cent from the previous month to 49,985 vehicles registered, according to figures released by the Malaysian Automotive Association. March 2018 sales were also seven 26

March 23, 2018 6:48 AM MAA projects 2pc car production hike

MAA president Datuk Aishah Ahmad says there was a pull back in car output in 2017 because of excess stock in 2016. ― Picture by Saw Siow FengKUALA LUMPUR, March 23 — The Malaysian Automotive Association (MAA) has forecast a 2 per cent increase in car production for 2018. “Car production could be 2 per cent or higher in 2018,” its president Datuk Aishah 20

March 19, 2018 7:56 AM February auto sales down 4.4% year-on-year: MAA

PETALING JAYA: Total vehicle sales in February 2018 decreased 4.4% or 1,877 units to 40,578 units, compared with 42,455 units a year ago, according to the Malaysian Automotive Association (MAA). In a statement, MAA said sales for this month is expected to be slightly better than the previous month on the back of a longer working month and rush for deliveries 11

January 23, 2018 4:40 AM Car sales marginally lower in 2017, with 576,635 units sold

PETALING JAYA: The total industry volume (TIV) of new motor vehicles registered in 2017 declined marginally by 0.6% to 576,635 units in 2017 from 580,085 units registered in 2016. Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad said the local automotive market had remained subdued much of last year. For the second consecutive year, the TIV had contracted 6

January 12, 2018 11:08 AM MAA Group secures time extension to submit regularisation plan

PETALING JAYA: Practice Note 17 (PN17) company MAA Group Bhd has been granted by Bursa Malaysia Securities Bhd an extension of time up to June 30, 2018 to submit its regularisation plan. However, its shares will be suspended and delisted in the event it fails to submit its regularisation plan by June 30, 2018. MAA has been classified a PN17 company since 18

December 18, 2017 8:23 AM November vehicle sales up 0.2% year on year

PETALING JAYA: Vehicle sales volume in November 2017 up 0.2% or 89 units to 49,184 units from 49,095 units a year ago, according to the Malaysian Automotive Association (MAA). For the 11 months period, sales were 1.3% higher at 521,907 units compared with 515,252 in the first 11 months of 2016. On a month-on-month basis MAA said sales volume was 4.6% or 2,143 units 87

October 16, 2017 2:30 PM MAA: September car sales drops 14.8% y-o-y

KUALA LUMPUR (Oct 16): Vehicle sales dropped 14.8% to 40,981 units in September, from 48,125 units in the same month a year ago, says the Malaysian Automotive Association. The association cited “short working month and more stringent hire-purchase loans approval” as the reason for the drop in vehicle sales. Despite the monthly drop, MAA said cumulative 9