Published on January 17th, 2019 | by Subhash Nair0
TIV for Malaysia Was up 4% in 2018
The Malaysian Automotive Association (MAA) has announced that Total Industry Volume (TIV) for 2018 was up by 4% compared to 2017. The number of vehicles sold last year was 576,652 which is over 22,000 more units than the year before.
MAA also took the opportunity to criticize MITI for delaying their decisions with regards to incentives. As a direct result, many manufacturers haven’t been able to set final prices for newly launched cars.