New Research Report: Malaysia Autos Report Q1 2010

Dec. 26, 2009 - PRLog -- Although Malaysia's new vehicle sales for March showed signs of improvement from the previous month, total sales for Q109 remain down year-on-year (y-o-y) and confirm  BMI's view that there will be no repeat of last year's record growth in 2009. Sales for March rose by 20.5% to 44,205 units compared with February. However, this was 4.8% lower than results for March 2008, and sales for Q109 are down by 9.2% at 118,681 units compared with Q108 figures. The Malaysian Automotive Association (MAA) expected further improvement in April on the back of a new government stimulus package. The association stands by its annual sales forecast of 480,000 units despite a slow start to the year. Similarly,  BMI forecasts a drop of 10% to 475,926 units this year, although we then expect a 2% rebound to 486,480 units in 2010. Despite the continued downturn, France's  Peugeot is optimistic, with plans to launch four new vehicles through local distributor  Automotif Naza Group in 2010. Manager of the distributor, CK Chow, has said that although its sales were down by 10-20% for the year so far, the Peugeot brand is proving popular. In March, the  Malaysian Reserve reported that Naza and Peugeot were jointly planning to develop a 1.6-litre compact car. The development is aimed at making Malaysia a production hub for the region. The small car segment has also attracted national producer  Proton, which has confirmed a joint venture (JV) with Japan's  Mitsubishi Motors (MMC) to develop a small car for launch under the Proton brand in 2010. Although Malaysia ranks ninth in  BMI's Business Environment Ratings for the Asia Pacific autos industry, the country attracts manufacturers to set up vehicle hubs thanks to its geographical position. The country's marks for Production and Sales Growth Potential are relatively average compared to other markets, which brings its overall rating down to 50.2 out of a possible 100. In terms of its general Business Environment, however, Malaysia scores well for its transparency and fiscal policy, which will act as a draw for investors. One such investor is  Toyota Motor, which was the best-selling foreign brand in Q1 with sales of 17,313 vehicles. The automaker's nearest rival sold over 6,600 fewer vehicles in the same period.  UMW Toyota Motor's managing director, Kuah Kock Heng, has said that in the month of March, sales rose by 33% to 7,113 vehicles from 5,367 vehicles in February. Overall market leader  Perodua sold 38,300 units, comprising of 11,900 in January, 12,200 in February, and 14,200 in March. The company expected sales of 15,000 units for April.

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Report Table of Contents:

Executive Summary
- SWOT Analysis
- Malaysia Autos Industry SWOT
- Malaysia Political SWOT
- Malaysia Economic SWOT
- Asia Pacific Regional Overview
- From Asia With Love
- Thailand Autos Sector - Historical Data And Forecasts
- Business Environment Ratings
Table: Business Environment Ratings -- Autos Industry Asia Pacific
- Industry Forecast Scenario
- Production & Sales - Malaysia
- Malaysia Autos Sector - Historical Data And Forecasts
- Trade
- Malaysia Autos Sector - Historical Data And Forecasts
- Economic Contribution
- Malaysia Autos Sector - Historical Data And Forecasts
- Macroeconomic Forecast Scenario
Table: Malaysia - Economic Activity
- Competitive Landscape
- Malaysian Passenger Vehicle Sales
- Industry Developments
- Financial Performance
- Company Developments
- Commercial Vehicle Segment
- Suppliers
- Company Profiles
- Ford Looks To Boost Regional Presence
- Proton
- Perodua
- Toyota Motor
- Honda Malaysia
- BMI Forecast Modelling
- How We Generate Our Industry Forecasts
- Sources
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