The 2020 whole business quantity (TIV) forecast of 607,000 units made by the Malaysia Automotive Affiliation (MAA) final January could have sounded cautious, providing solely modest progress from the 604,287 units achieved in 2019, however completely attainable.

In fact, the arrival of a virus put paid to these greatest laid plans, though the eventual final result was removed from the huge setback that was projected in Might, when the forecast was revised down by a 3rd to 400,000 units.

The introduction of the SST exemption on the sales of new CKD and CBU cars in June, which was to run until December, led the affiliation to consider that the numbers would enhance to the tune of 470,000 units. Ultimately, it surpassed that comfortably, with the TIV reported for the yr finishing at 529,434 units.

Nonetheless, the deficit of 74,853 models from the earlier yr meant that almost all manufacturers inevitably did not match the numbers seen in in 2019. Right here’s a fast breakdown of how manufacturers carried out in 2020.

Perodua, which has been main the market since 2006, continued to carry on to the highest place regardless of a 8.4% drop in gross sales final yr. The automaker managed to promote 220,163 models, which was 20,178 models fewer than the 240,341 cars it sold the previous year.

Whereas in need of its preliminary 2020 forecast of 240,000 models, the eventual 2020 whole exceeded the 210,000-unit revised projection it revealed in August. Impressively, whereas the general market contracted, the nationwide carmaker managed to extend its market share from 39.8% in 2019 to 41.6% final yr.

Ending second once more was Proton, which had loads of motive to be happy with how 2020 formed up. It was one of many handful of passenger automobile manufacturers that gained traction when it comes to gross sales, the 108,524 units it shifted last year being 8,341 models greater than the 100,183 units it managed in 2019.

Whereas the 8.4% enchancment isn’t a giant a bounce as that completed in 2019, the place it recorded a 54.7% enhance in gross sales in comparison with 2018, the truth that it managed to file increased numbers in a topsy-turvy yr is testomony to the truth that patrons are flocking again to the model.

The corporate additionally had the honour of being the best gainer final yr, its market share growing to 20.5% from 16.6%. A little bit of further trivia for these into numbers and percentages – Perodua and Proton now command over a 60% share (62.1%, to be exact) of the market, the best since 2003.

Honda saved its third place, its 60,468 models ok to maintain it forward of Toyota (58,501 models), however the model bought 24,950 models (or 29.2%) lower than it did in 2019. Nissan gross sales additionally dropped to 14,160 models, down 33.3% from the earlier yr. Naturally, all three manufacturers noticed their market share contract.

The few gainers included Mazda (12,141 models) and Mitsubishi (9,163 models), with the numbers managed representing a 4.2% and 12.6% enhance, respectively. Elsewhere, Subaru (-57.3%), Peugeot (-45.4%) and Kia (-77.9%) suffered main drops, and types similar to Volkswagen (-39.2%) and Hyundai (-37.9%) additionally had a really smooth yr.

As for the premium manufacturers, Volvo was the one important participant within the section to file a inexperienced arrow – it managed to promote 1,950 automobiles final yr, 3.6% greater than the 1,883 models bought in 2019. The desk additionally lastly exhibits full BMW (and MINI) numbers for the yr. The model had stated final yr it had switched to a quarterly reporting, however the numbers had remained caught going effectively previous mid yr.

Additionally, whereas the desk exhibits very hanging numbers in crimson for Mercedes-Benz, it’s value noting that the corporate stopped reporting its numbers after Q1 final yr, and so its whole stays as from then. The ultimate variety of automobiles bought by the model stays undisclosed.

How will the market fare this yr? Effectively, whereas there appears to be no finish in sight to the pandemic at this juncture, the MAA is optimistic that the market will rebound in 2021. The affiliation has confidently forecast that the TIV will rise this yr by almost 8% to 570,000 models, with the expansion very a lot aided by the SST exemption that will run until June 30.

Click on to enlarge.