UMW automotive sales see 48% growth in March

UMW automotive sales see 48% growth in March

KUALA LUMPUR, April 13 — The UMW Group’s automotive sales continued to improve in March 2022 as both UMW Toyota Motor and UMW’s associate company, Perodua, registered higher automotive sales compared with the previous month. 

The Group delivered 35,246 units in March 2022, 48% higher than the 23,853 units sold in February 2022, as it continued to ramp-up production to fulfil its encouraging outstanding order book.

UMWT’s sales surged by 32% to 8,487 units in March 2022 compared with the 6,432 units registered in the preceding month.  In the first quarter of 2022, UMWT sold 22,447 units, 31% higher than the 17,151 units sold in the corresponding period of 2021. 

The top-selling models in the first quarter of this year were the Hilux, Vios, Corolla Cross and Yaris.  In its efforts to further strengthen the Toyota brand in Malaysia, UMWT had recently launched Season 5 of the Toyota GAZOO Racing Festival in March 2022.

Meanwhile, Perodua’s sales increased to 26,759 units in March 2022, 54% higher than the 17,421 units registered in the previous month.

In the first quarter of 2022, Perodua sold 61,624 units, 6% higher than the 57,909 units registered in the same period of 2021.  

As a result, Perodua has achieved 25% of its sales target for the year of 247,800 units.  Its top-selling models for the first quarter of the year were the recently facelifted Myvi, followed by the Axia and Bezza.  While the Covid-19 pandemic and component supply issues continue to linger, Perodua is working closely with its suppliers and dealers to minimise the impact to its customers.

UMW brands on track

UMW Holdings Bhd President and Group CEO, Dato’ Ahmad Fuaad Kenali said, “We are pleased with the improved sales registered by both UMWT and Perodua in March 2022, supported by the strong order book. 

“Both companies are on track to achieve their sales target for the year, and are ramping-up production based on the available capacity to expedite the delivery of vehicles to our customers. 

“Furthermore, both companies plan to introduce several all-new and facelift models this year to drive sales and achieve their targets. We wish to express our appreciation to our customers for their strong support of our products and services.” (Bernama)  More stories @BusinessNewsMy