Honda CR-V is Malaysia’s best-selling C-segment SUV in 2024 – 11,300 units, 36% market share; 20% hybrids
The Honda CR-V was Malaysia’s best-selling C-segment SUV in 2024, Honda Malaysia announced today. According to the company, the CR-V commanded a market share of 36% in the segment, with more than 11,300 units were […] The post Honda CR-V is Malaysia’s best-selling C-segment SUV in 2024 – 11,300 units, 36% market share; 20% hybrids appeared first on Paul Tan's Automotive News.
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The Honda CR-V was Malaysia’s best-selling C-segment SUV in 2024, Honda Malaysia announced today. According to the company, the CR-V commanded a market share of 36% in the segment, with more than 11,300 units were delivered to customers last year.
“Since its launch in December 2023, the CR-V has received strong market acceptance, which further solidified its dominant position. This growing demand is reflected in its remarkable 40% year-on-year growth in its segment,” said Hironobu Yoshimura, managing director and CEO of Honda Malaysia.
Yoshimura added that the CR-V was Honda Malaysia’s third best-selling model in 2024. This is reflected in JPJ’s vehicle registration data, which revealed to the CR-V to be behind second-place Civic and first-place City (includes both sedan and hatchback) in terms of numbers.
At present, the CR-V is available in three turbocharged petrol variants (S, E and V) as well as a sole hybrid option (e:HEV RS), with pricing ranging from RM159,900 to RM195,900 on-the-road without insurance.
Of the four variants, the e:HEV RS accounted for 20% of total CR-V sales and managed to achieve an 87% market share in the specific mid-size SUV hybrid segment. Meanwhile, the E was the most preferred by CR-V buyers, with 40% opting for the mid-spec variant.
The post Honda CR-V is Malaysia’s best-selling C-segment SUV in 2024 – 11,300 units, 36% market share; 20% hybrids appeared first on Paul Tan's Automotive News.