The Malaysian commercial vehicle market over 2 tons gvw expanded by more than 5% to 22,217 units in the fourth quarter of 2023 from 21,050 in the same period of the previous year

The Malaysian commercial vehicle market over 2 tons gvw continued to grow in the third quarter of 2023, albeit just slightly to 19,900 units after an 85% rebound to 19,329 units in the same period of last year.

The Malaysian commercial vehicle market over 2 tons gvw weakened slightly in the second quarter of 2023, with sales falling by 3% after volumes almost doubled in the same period of last year as the economy rebounded from the previous year’s lockdowns.

The Malaysian commercial vehicle market over 2 tons gvw continued to expand in the first quarter of 2023, by almost 13% after growing by over 20% a year earlier.

Malaysian market for CVs (up 40%) heavily dependent on strong pickup sales (up 42%).