The latest Malaysian Automotive Association (MAA) new vehicle sales data reports a sharp 18.5% drop for February 2026 over the previous month and attributes the lower numbers to the shortest month of the year, further accentuated by the Chinese New Year festivities that resulted in just 17 working days. February 2026 saw a total of
February 2026 saw a total of 52,414 passenger and commercial vehicles sold, almost 12,000 units less than the 64,298 units from January 2026. Additionally, the figure is also down by 19.4% compared to the 65,052 units in February 2025.
Combined, the year-to-date (YTD) sales clocks in at 116,712 units, or 1.0% more than the corresponding period in 2025.
Nonetheless, the MAA expects sales to regain momentum and bounce back for March 20266 due to the Hari Raya Aidilfitri festive period that sees brands roll out promotions and rebates to push sales.
The MAA still maintains that the total industry volume (TIV) for 2026 is not expected to match 2025’s record-breaking 820,752 units but is forecast to be around 790,000 units, or a 3.8% decline primarily due to the rising cost of living and weaker consumer purchasing power.