799,731 new vehicles were registered in 2023 in Malaysia, a new record
Sales of new motor vehicles in 2023 rose 11% to a new all-time high, propelled mainly by passenger cars sub-segment, amid a resilient domestic economy and a very much stable socio-political environment. Total Industry Volume (TIV) or vehicle registrations increased to 799,731 units during the year under review, surpassing the previous highest sales result of […]