Malaysia’s Automotive Sector Sees 30% Surge in October TIV

Kuala lumpur: Malaysia's automotive sector total industry volume (TIV) surged 30 per cent to 75,992 units in October 2025 from 58,490 units in September, marking the highest month for the year-to-date (YTD), according to the Malaysian Automotive Association (MAA).

According to BERNAMA News Agency, MAA stated that the increase in TIV was primarily driven by a rush to purchase completely built-up (CBU) battery electric vehicles (BEVs). This surge followed the Budget 2026 announcement regarding the end of tax exemptions for CBU BEVs by the close of December this year. The growth was further supported by an end-of-year promotional campaign initiated by automotive companies.

Despite the surge in October, MAA noted that the YTD TIV was two per cent lower, totaling 655,328 units compared to 666,905 units in the same time frame in 2024. On a year-on-year basis, the October 2025 TIV was seven per cent higher, with 75,992 units, including 70,321 passenger vehicles and 5,671 commercial vehicles, compared to 71,022 units in October 2024.

In terms of production, a total of 65,226 units were manufactured, comprising 61,192 passenger vehicles and 4,034 commercial vehicles, compared to 71,878 units produced in the previous year. Looking ahead, MAA expressed confidence that the current sales momentum is likely to persist into November 2025.