PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Lowers 2011 Malaysia's Vehicle Sales Forecast to 615,900 Units - Frost & Sullivan is revising its 2011 total industry volume (TIV) forecast to 615,900 units, from 623,000 units estimated previously as a result of supply chain disruptions from the impact of the March 11 Japan earthquake
Frost & Sullivan Lowers 2011 Malaysia's Vehicle Sales Forecast to 615,900 Units

 

NewswireToday - /newswire/ - Kuala Lumpur, Malaysia, 2011/07/14 - Frost & Sullivan is revising its 2011 total industry volume (TIV) forecast to 615,900 units, from 623,000 units estimated previously as a result of supply chain disruptions from the impact of the March 11 Japan earthquake.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Mr. Kavan Mukhtyar, Partner & Head of the Automotive & Transportation Practice, Asia Pacific at Frost & Sullivan said that TIV for 2011 will be impacted due to production slowdown and delay in key models launches by automakers.

He added that the newly amended Hire Purchase Act is also likely to have an impact on TIV due to the longer lead time to complete the car purchase process.

"Vehicle sales may have been slowed down considerably in the second quarter of 2011 but will likely pick up in early August due to the rush for Perodua Myvi delivery leading to Hari Raya Aidilfitri celebrations and Japanese automakers ramping up production," he added.

Mr. Mukhtyar said that TIV will continue to be aided by launch of key models launch. He added that the new Perodua Myvi, launched in the middle of June, has received more than 17,000 bookings as of mid-July.

He said that the B-segment (small & compact cars) will continue its growth in 2011, increasing 8 per cent year-on-year to 88,700 units, mainly driven by the highly anticipated sales of the new Perodua Myvi.

The A-segment however, will continue to see a dip and is expected to decline by 8 per cent year-on-year to 64,700 units due to a lack of new models and possible customer migration towards the new Perodua Myvi, he added.

Mr. Mukhtyar said that sales in the C-segment (mid-size sedans) are expected to increase 5 per cent year-on-year to 138,800 units while sales in the D segment (premium & large sedans) are likely to increase 10 per cent year-on-year to 96,100 units.

Sales for multi-purpose vehicles (MPVs) are expected decline 14 per cent year-on-year to 92,600 units from 107,700 units last year, mainly due to the normalizing sales of the Proton Exora and Perodua Alza.
"The decline in MPV sales is expected and normal after the spectacular growth in the segment in 2010," Mr. Mukhtyar said.

"Other than a few new facelift models, no other brand new model launches are expected this year in the MPV space," he added.

Demand for 4x4/sports utility vehicles (SUV) is expected to be the fastest growing segment in the passenger vehicle segment, growing 30 per cent year-on-year to 20,000 units spurred by the sales of the Honda CRV, Hyundai Tucson, Naza/Kia Sorento and Mitsubishi ASX.

He said that in the commercial vehicle segment, sales of pick-up trucks are expected to increase by 10 per cent to 44,500 units this year based on continued robust sales of Toyota Hilux, Mitsubishi Triton and Isuzu DMAX. Other commercial vehicles such as buses, trucks and prime movers are also likely to see sales increase by 3 per cent year-on-year to 70,400 units in 2011.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Lowers 2011 Malaysia's Vehicle Sales Forecast to 615,900 Units

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Alice Chia 
alice.chia[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

The NEOPLAN Skyliner Has Been Awarded The ‘International Busplaner Sustainability Prize 2017’
First Transports in Networked Trucks - DB Schenker and MAN Agree on Platooning Project
MAN Truck & Bus Are Placing the New MAN TGE Under Static Scrutiny As Part of A Van Bodybuilders’ Day Today
MAN Lion's Intercity is Russia’s Intercity Bus of the Year
Enel and Nissan Present First All-inclusive Electric Mobility Solution
MAN Truck & Bus Korea Launched MAN Lion’s Touring - The First and Only Cabriolet Bus for Sightseeing Tours in Korea
Influx of Cheap Imports Floods the Automotive Filter Aftermarket Says Frost & Sullivan
BASF Introduces Latest Robust Connectors for Automotive Wire Harnesses
Man Group Announces 100 NEOPLAN Skyliner Coaches for Rome
BASF Introduces Synthetic Leather Made with Elastollan® - Makes Car Seats More Comfortable
Frost & Sullivan Acclaims Federal-Mogul Motorparts' Visionary Solutions and Growth Strategies for the North American Automotive Aftermarket
Borealis and Borouge Showcase Lightweight Solutions with the 2016 European Car of the Year At K Fair
BASF - Charge Air Duct Made from The High-temperature Polyamide Ultramid® Endure BM for Blow Molding
MAN Announces First Major Order from Tbilisi
BASF and Hyundai Motor Showcase RN30 Concept Car At K Fair

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)