2015 Malaysia Automotive Market Outlook 

2015 Malaysia Automotive Market Outlook 

  • May 2015 •
  • 59 pages •
  • Report ID: 2919425 •
  • Format: PDF
Scope

The study provides an overview of the Malaysian automotive market for 2014 and an outlook for 2015. It covers the major developments in 2014 and discusses the progress in the key initiatives of the National Automotive Policy (NAP) and the disruptive trends that are likely to shape the market in 2015. It further provides the conservative, optimistic, and Frost & Sullivan scenarios for 2015 and the factors likely to affect market growth.

Key Findings

In 2014, total industry volume (TIV) of Malaysia's automotive market reached xx units, indicating a xx % year-on-year growth.
The decline in truck sales from approximately xx units in 2013 to approximately xx units in 2014 led to a fall in the commercial vehicle market TIV
Passenger vehicle segment witnessed a slight TIV growth of xx % in 2014; SUV segment too witnessed an increase in TIV of xx % driven by the sales of Honda CR-V and Mazda CX-5.
Malaysia’ National Automotive Policy (NAP) seeks to attract global automotive manufacturers which will use the country as a manufacturing hub by making investments. The policy also aims at improving the capabilities of local automotive parts vendors through joint ventures (JVs) and consortiums.