Malaysian CV market decline continues in Q2 2025
By Will Pulson - 1st October 2025
Malaysia - Malaysia’s market for commercial vehicles over 2 tons gvw declined by a further 6% year-on-year to 15,204 units in the second quarter of 2025, after a drop of 14% to 16,163 units in the same period last year, according to government registration data released by the Malaysian Automotive Association.
The country’s economy expanded by 4.4% year-on-year in the second quarter, in line with growth in the first quarter, underpinned by continued strong domestic consumption. Private consumption accelerated to 5.3% from 5.0% growth in the first quarter, while government spending growth accelerated to 6.4% from 4.3%. The country’s central bank lowered its benchmark interest rate by 25 basis points to 2.75% in July, its first rate cut since it last hiked in April 2023, to help underpin consumer spending.
