KUALA LUMPUR, Jan. 21 (Xinhua) -- The Malaysian automotive industry recorded a historic milestone in 2025, achieving back-to-back record-breaking total industry volume (TIV) for the second consecutive year.
The Malaysian Automotive Association (MAA) said in a statement on Tuesday that a total of 820,752 vehicles were sold in 2025, representing a marginal 0.5 percent increase in 2024.
"This performance was supported by resilient consumer demand, favorable financing conditions, and growing acceptance of electrified vehicles, reflecting the industry's continued strength and transition towards more advanced and sustainable mobility," said MAA president Mohd Shamsor Mohd Zain.
Meanwhile, total industry production (TIP) in 2025 amounted to 747,780 units, representing a 5 percent decline compared to 2024.
Decline in production despite record TIV reflects more imported battery electric vehicles (BEVs) registered in 2025.
According to the association, the Malaysian automotive market faces several challenges in 2026, including moderate economic growth, global trade uncertainties, inflation-driven cost increases, and potential changes to EV tax incentives and excise duties.
Positive drivers, however, include income stability supported by low unemployment, strong demand for affordable and fuel-efficient vehicles, encouraging policies for foreign investment and technology transfer, and attractive promotions. ■