Motor Vehicles Sales For Jan-June 2006 Decline TEAMCAR - The total industry volume of motor vehicles sales in Malaysia for the first six months of this year declined five percent to 248,407 units compared with 261,111 units in the same period last year.

The decline was the first recorded since 1998, said Malaysian Automotive Association (MAA) president, Datuk Aishah Ahmad at a press conference to release the motor traders and manufacturers performance for the first half year 2006.

She said the drop was due to weak used car prices coupled with the higher interest rates and oil prices.

Proton car sales for January-June 2006 stood at 60,246 units compared with 75,983 units in the same period last year while Perodua car sales increased to 78,396 units from 61,152 units previously.

For the sales performance for the second half of 2006, Aishah said it is expected to stabilise.
-- BERNAMA   ¶ 4:16 PM