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[PRINT] Diesel car registrations hold steady amid subsidy rationalisation

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  By SHYAFIQ DZULKIFLI PETALING JAYA: The price of diesel may have gone up, but demand for cars powered by the fuel has yet to drop.  Diesel car registrations grew by 7.8% last month despite the diesel subsidy rationalisation in June which led to an increase in pump prices.  According to the government’s data.gov.my website, 4,726 diesel cars were registered with the Road Transport Department (JPJ) in July compared to 4,383 the previous month.  Carsome group chief business officer Aaron Kee said the increase in diesel car registrations in July could be attributed to a rebound effect for the overall automotive industry following a significant decline in June.  “According to data from the Malaysian Automotive Association (MAA), the Total Industry Volume (TIV) in June 2024 was 17% lower than in May 2024.  “From the low base rate in June 2024, the market recovered in July 2024, with 26% higher new vehicle sales compared to June 2024.  “This inc

INTERACTIVE: Diesel car registrations hold steady amid subsidy rationalisation

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 By SHYAFIQ DZULKIFLI   PETALING JAYA: The price of diesel may have gone up, but demand for cars powered by the fuel has yet to drop. Diesel car registrations grew by 7.8% last month despite the diesel subsidy rationalisation in June which led to an increase in pump prices. According to the government’s data.gov.my website, 4,726 diesel cars were registered with the Road Transport Department (JPJ) in July compared to 4,383 the previous month. Carsome group chief business officer Aaron Kee said the increase in diesel car registrations in July could be attributed to a rebound effect for the overall automotive industry following a significant decline in June. “According to data from the Malaysian Automotive Association (MAA), the Total Industry Volume (TIV) in June 2024 was 17% lower than in May 2024. “From the low base rate in June 2024, the market recovered in July 2024, with 26% higher new vehicle sales compared to June 2024. “This increase

Pic Diesel Car (Aug)

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