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Proton sold 12,422 units in May, almost half were Proton Saga models

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Publish date: Thu, 06 Jun 2024, 01:11 PM

KUALA LUMPUR: Proton sold 12,422 units in May, with Proton Saga making up about 49 per cent of sales.

About 6,119 units of Proton Saga were sold.

Proton's other market leader in May was the Proton S70, with 2,011 units sold.

The brand's best-selling model also was the highest selling model for its export market making up 306 of the 509 units sold in the month.

In a statement, Proton said it shipped the most number of units for the export market this year, in May.

Sales for the first five months closed at 62,697 units, Proton said, cementing its second position in the overall national automotive sales ranking, with a forecast market share of 19 per cent.

Proton expects total industry volume (TIV) to have grown by 20.7 per cent to about 70,000 units in May.

It estimates year-to-date TIV to be at 330,236 units, equivalent to 8.8 per cent increase over 2023.

"Following a quiet month in April where sales were affected by festive holidays, May has seen a return to positive growth as TIV has increased both year-on-year and month-on-month, reflecting the resilience of the local automotive industry. With the cumulative TIV until May already making up 44.6 per cent of Malaysia Automotive Association (MAA)'s full year projection of 740,000 units, we believe there is still room for growth in the local automotive industry," Proton Edar chief executive officer Roslan Abdullah said in the statement.

"Entering the second half of 2024, Proton will be focusing on growing sales via updates to our existing models while also concurrently taking our first steps towards entering the EV market. By leveraging on the strength of our partner, Geely, it is not a question of if but when Proton will be revealing our own electric vehicles so do pay close attention as there are many exciting announcements on the horizon," he added.

 

https://www.nst.com.my/business/corporate/2024/06/1060004/proton-sold-12422-units-may-almost-half-were-proton-saga-models

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