Malaysia TIV Forecast 2026 Raised to 800,000 Units Amid Strong EV and SUV SalesThe Malaysian Automotive Association (MAA) has officially revised its full-year total industry volume forecast upward, projecting national vehicle sales to reach 800,000 units in 2026. The updated Malaysia TIV Forecast 2026 lifts the previous target of 790,000 units after stronger-than-expected market performance in the first six months. Domestic automotive momentum remained robust throughout the first half of 2026 (1H26), with total sales growing by 3% year-on-year to 385,353 units. The surge was heavily propelled by sustained consumer demand for Sport Utility Vehicles (SUVs), an accelerating shift toward electrified vehicles (xEVs), and stable economic conditions nationwide. National Marques Strengthen Domestic Market DominanceNational carmakers Perodua and Proton continued to widen their lead over non-national competitors during 1H26. Combined registrations for national marques reached 256,304 units, expanding their total market share to a record 67% compared to 63% during the corresponding period last year. Perodua retained its leading position by capturing 41% of the overall market, while Proton secured a 25% share. Popular entry-level sedans and compact crossovers continue to drive bulk volume. In contrast, non-national brand sales contracted by 6.2% to 129,049 units, reflecting tighter competition in the mid-tier segment. Electrified Vehicles and SUVs Drive Passenger GrowthThe passenger vehicle segment served as the primary engine for the market's upward revision, with full-year expectations bumped up to 744,000 units. SUV sales jumped by 19% year-on-year, benefiting from new model rollouts across both national and international brands. Rapid Expansion in Electric Vehicle AdoptionMAA also raised its full-year xEV target from 100,000 to 120,000 units. Total electrified vehicle sales surged 69.4% in 1H26 to reach 51,782 units: Battery Electric Vehicles (BEVs): Sales more than doubled to 26,192 units, surpassing hybrid sales for the first time. Hybrid Electric Vehicles (HEVs): Recorded steady growth of 43.4%, hitting 25,590 units. Policy stability—including the extended timeline for the New Customised Incentive Mechanism (NCIM) to December 31, 2026—has provided automotive manufacturers with clearer operational visibility. Commercial Vehicle Segment Faces Subsidies RealignmentWhile passenger vehicles recorded strong gains, commercial vehicle sales fell by 11% in 1H26. The decline was primarily concentrated in private pick-up truck registrations following the restructuring of targeted diesel subsidies. Consequently, MAA reduced its full-year commercial vehicle projection to 56,000 units, accounting for roughly 7% of overall TIV. However, industry players expect minor recovery in 2H26 following the rollout of localized diesel assistance programs like BUDI MADANI. Key FactsMAA revised the full-year Malaysia TIV Forecast 2026 to 800,000 units from 790,000 units. Vehicle sales in 1H26 rose 3% year-on-year to 385,353 units. National marques (Perodua and Proton) captured a record 67% of total market share. Electrified vehicle (xEV) full-year sales projections were upgraded to 120,000 units. The Overnight Policy Rate (OPR) remaining stable at 2.75% supported sustained consumer purchasing power. What People Are AskingWhat is the updated Malaysia TIV forecast for 2026?The Malaysian Automotive Association (MAA) raised the 2026 Total Industry Volume (TIV) forecast to 800,000 units, citing resilient passenger vehicle demand and high EV uptake. Why are car sales in Malaysia increasing in 2026?Sales growth is supported by strong consumer confidence, stable interest rates, competitive financing options, expanding national car market share, and aggressive SUV and EV model launches. How are electric vehicles performing in Malaysia in 2026?Electrified vehicle (xEV) sales grew 69.4% in the first half of 2026. Fully electric vehicles (BEVs) saw sales more than double, outperforming hybrids for the first time in Malaysian automotive history.