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September 23, 2021 -Thursday

 
  UMW GROUP RECORDED AUTOMOTIVE SALES OF 9,512 UNITS IN AUGUST 2021 FOLLOWING RESUMPTION OF OPERATIONS

Monday 13/09/2021



- UMW Toyota Motor delivered of 2,524 units in August 2021
- Perodua registered sales of 6,988 units in August 2021
 
KUALA LUMPUR, Sept 13 (Bernama) -- The UMW Group recorded automotive sales of 9,512 units in August 2021, significantly higher than the 2,105 units registered in July 2021, as showrooms and automotive assembly plants resumed operations from 16 August 2021 following easing of the Full Movement Control Order (“FMCO”) restrictions.  Both, UMW Toyota Motor (“UMWT”) and its associate company Perodua, registered improved sales in August despite operating for less than half the month.
 
UMWT delivered 2,524 units in August 2021, 74% higher than the 1,450 units registered in July 2021.  Toyota Vios, Yaris and Hilux continue to be UMWT’s best-selling models, cumulatively contributing 69% of total sales for the month of August 2021.  Year-to-date August 2021, UMWT sold a total of 38,085 vehicles, 20% higher than the 31,734 units registered in the corresponding period of 2020. 
 
Perodua registered sales of 6,988 units in August 2021, significantly higher than the 655 units recorded in July 2021.  The demand remains strong for all Perodua models, as evident from the strong bookings received during the FMCO.  For the first eight months of the year, Perodua delivered a total of 104,933 units, 12.5% lower than the 119,977 units registered in the corresponding period of 2020, mainly due to the prolonged FMCO in 2021.  Consequently, Perodua has revised downwards its target for 2021 to 214,000 units from 240,000 units announced earlier this year.  The revised target has also taken into account the global semiconductor chip shortage, which Perodua has managed to secure to ensure uninterrupted production for the remainder of the year.
 
UMW Holdings Berhad’s President and Group CEO, Dato’ Ahmad Fuaad Kenali said, “We are grateful to the government for the easing of FMCO restrictions and allowing the automotive sector to resume operations.  Currently, both marques have a healthy level of outstanding bookings, and will be focusing on ramping up production to ensure timely delivery to our customers whilst ensuring full compliance with the Standard Operating Procedures (“SOPs”).  Our domestic parts and components suppliers have also resumed operations as well as having secured our planned Completely Knocked Down (“CKD”) parts to meet our customers’ demand.”
 
Dato’ Fuaad further added, “UMW expects the automotive sales momentum to continue for the remainder of the year especially with the extension of the sales tax exemption to 31 December 2021.  We are appreciative of the Government’s continuous support of the automotive sector to hasten its recovery.  We wish to also express our appreciation and thank you to our customers for their continuing support of our products and services despite the challenges.”

About UMW
 
The UMW Group is an international conglomerate that develops industries, manages partnerships and facilitates growth.  It is involved in four core business segments – Automotive, Equipment, Manufacturing & Engineering and Aerospace.  The Group operates in 8 countries and has over 7,000 employees.
 
Moving forward, UMW strives to play a leading role in shaping the future of its industries.  The Company will do this by inspiring vibrant ideas, nurturing potential, pioneering partnerships and delivering excellence in everything it does; the rewards of which will contribute to the progress and well-being of all its stakeholders.
 
Source: UMW Corporation Sdn. Bhd.

FOR MORE INFORMATION, PLEASE CONTACT:
Name: S Vikneshwaaran
General Manager – Group Investor & Media Relations
UMW Corporation Sdn. Bhd.
Tel: +603 2025 2104 / +6019 850 5799
Email: vikneshwaran.s@umw.com.my

 
--BERNAMA

 
 
 

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