KUALA LUMPUR (Feb 16): UMW Group’s vehicle sales in January 2023 rose 13% year-on-year to 28,235 units from 24,972 units, on the back of higher bookings at both UMW Toyota Motor (UMWT) and UMW’s associate company Perusahaan Otomobil Kedua Sdn Bhd (Perodua).
In a statement on Thursday (Feb 16), UMW said UMWT started 2023 with the delivery of 6,786 units in January.
It said the company plans to ramp up production for its backlog orders, especially for the orders that are eligible for the sales tax exemption, to be registered by March 31, 2023.
The group said the Toyota Vios, Hilux and Corolla Cross continue to be the top-selling models for the month of January 2023.
It said UMWT expects the demand and sales to be sustained throughout the year, supported by the introduction of new and facelift models.
To further strengthen its order book, UMWT is offering special promotions as well as the Toyota EZ Beli financing option for the purchase of the Vios and Yaris.
Meanwhile, the group said Perodua continues to maintain its pole position in the Malaysian automotive industry with the delivery of 21,449 units in January 2023, a 23% increase compared with the 17,444 units registered in January 2022.
It said Perodua remains committed to optimising production and delivering its outstanding orders, and has targeted production of 330,000 vehicles in 2023.
UMW Group said after achieving its highest-ever annual sales of 282,019 units in 2022, Perodua has set a higher sales target of 314,000 units for 2023.
It said the launch of the all-new 2023 Perodua Axia on Feb 14 is expected to drive sales this year.
UMW Holdings Bhd president and group chief executive officer Datuk Ahmad Fuaad Kenali said after registering significant improvement in delivery in 2022, both UMWT and Perodua will continue to focus on fulfilling outstanding bookings, especially for those made prior to the expiry of the sales tax exemption.
“We are cautiously optimistic that the automotive industry will continue to perform well in 2023 based on the encouraging and continuing strong bookings as well as the exciting new models to be launched in 2023 to meet our customers’ requirements,” he said.
Source: TheEdge - 17 Feb 2023
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