UMW'S Vehicle Sales See 4% Y-o-Y Growth In May With 26,480 Units Registered

UMW Toyota Motor registered 7,579 units in May while Perodua registered 18,901 units in the same month this year despite the shorter working month

UMW'S Vehicle Sales See 4% Y-o-Y Growth In May With 26,480 Units Registered
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KUALA LUMPUR, June 20-- The UMW Group’s automotive sales improved in May 2022 as both UMW Toyota Motor and UMW’s associate company, Perodua, registered healthy sales.

The Group delivered 26,480 units in May 2022 compared with 25,568 units sold in May 2021 despite the shorter working month due to the Hari Raya holidays as it continues to fulfil its encouraging outstanding order book.

The Group delivered 143,151 units for the first five months of 2022, a 10% increase compared with the same period last year.

UMWT registered sales of 7,579 units in May 2022, consistent with the 7,595 units it sold in May 2021.  Toyota Vios, Yaris, Corolla Cross and Hilux were among its best selling models in the month of May 2022.

Year-to-date May 2022, UMWT sold 36,972 units, 9% higher than the 34,026 units sold in the corresponding period of 2021.

UMWT aims to sell 73,000 units in 2022 and as at May, has achieved 51% of its sales target for the year.  To further strengthen its order book, UMWT is offering special promotions for the purchase of the Vios and Yaris as part of its mid-year sales campaign,

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Meanwhile, Perodua registered sales of 18,901 units in May 2022, 5% higher than the 17,973 units registered in May 2021.

For the first five months of 2022, Perodua sold 106,179 units, 10% higher than the 96,281 units sold in the corresponding period of 2021.  To date, Perodua has achieved 43% of its target of 247,800 units for 2022.

UMW Holdings Berhad President and Group CEO, Dato’ Ahmad Fuaad Kenali said, “We are pleased with the healthy sales registered by both UMWT and Perodua in May 2022.

“Both companies will continue to ramp-up production to deliver our cars to the customers. Furthermore, the introduction of all-new and facelift models are expected to drive sales in the second half of the year.

“We strive to offer exciting and great value models as well as offer superior after-sales services to meet our customers’ requirements and expectations.  We would like to thank our customers for their continued support of our products and services.

He says the company is hopeful that the government will further extend the sales tax exemption in view of the high outstanding orders “which could not be delivered by June 2022 due to the disruptions caused by Covid-19 as well as shortage of semiconductor chips.” (Bernama)