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The automotive industry in Malaysia consists of 27 vehicle producers and over 640 component manufacturers. [1] The Malaysian automotive industry is the third largest in Southeast Asia, and the 23rd largest in the world, with an annual production output of over 500,000 vehicles. The automotive industry contributes 4% or RM 40 billion to Malaysia ...
Malaysia 's car industry is dominated by two local manufacturers which are heavily supported by the government through National Car Policy e.g. trade barriers. These local manufacturers are Proton and Perodua. [2] These excise duties imposed on foreign manufactured cars have made them very expensive for consumers in Malaysia.
The automobile manufacturer is popular in Malaysia, with the Perodua Myvi having sold 80,327 units in 2006, outselling its rival's best selling car, then the Proton Wira, which sold only 28,886 units in Malaysia. In the period 2006–2010 Perodua was the best-selling car company in Malaysia.
New car prices fell 0.4% in April and 0.4% from the prior year. Compared to their peak in February 2022, prices paid for used vehicles are now down 16.8%. Used car prices rose more than 40% ...
Proton's sales have recovered slightly since 2008, but their market share is in a current state of decline. Proton has sold over 3,500,000 cars in Malaysia between 1985 and 2013. The first Proton, the Saga saloon launched in July 1985 amid positive reception, but poor sales due to Proton's inability to meet the high demand.
Recent data released by Malaysian Automotive Association (MAA) on 30 June 2017, vehicles registered in Malaysia hit 28.2 million vehicles which Federal Territories (Majority of the registered vehicle were issued by Kuala Lumpur) registered most of the cars reaching 4 million cars.
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