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May 09, 2024 -Thursday

 
  UMW GROUP'S AUTOMOTIVE SALES MORE THAN DOUBLED IN SEPTEMBER 2021 AS IT CONTINUES TO RAMP-UP PRODUCTION; DELIVERED 22,193 UNITS IN SEPTEMBER 2021

Wednesday 13/10/2021



- UMW Toyota Motor registered 8,033 units in September 2021
- Perodua registered 14,160 units in September 2021

KUALA LUMPUR, Oct 13 (Bernama) -- The UMW Group’s automotive sales rose to 22,193 units in September 2021 compared with 9,512 units sold in August 2021 as the operations gradually normalise following easing of the Full Movement Control Order (“FMCO”) restrictions from 16 August 2021.  Both UMW Toyota Motor (“UMWT”) and UMW’s associate company, Perodua continue to ramp-up production to hasten delivery of the outstanding orders.

UMWT’s sales more than tripled to 8,033 units in September 2021, from the 2,524 units registered in August 2021.  This brings its year-to-date September 2021 sales to 46,118 units, 23.5% higher than the 37,339 units registered in the corresponding period of 2020.  Toyota Vios continues to be the marque’s best-selling model for September 2021, followed by Hilux and Yaris.  In a move to advance its carbon neutrality initiative, UMWT recently announced plans to commence production of Hybrid Electric Vehicles (“HEVs”) in Malaysia.  UMWT intends to progressively diversify its offering in the electrified vehicle space as the country advances the policies and infrastructure to promote the transition into vehicle electrification.  This plan also aligns with the Malaysian government’s 2050 carbon neutral goal and its push for energy-efficient vehicles (“EEV”) to support environmentally friendly mobility initiatives.

Perodua registered sales of 14,160 units in September 2021, more than doubled the 6,988 units sold in August 2021.  With the gradual resumption of the automotive supply chain, Perodua will continue its efforts to ramp-up production to meet its customers’ demand.  For the first nine months of the year, Perodua delivered a total of 119,093 units, 17.9% lower than the 145,012 units registered in the corresponding period of 2020, mainly due to FMCO and partly the semiconductor chips shortage.  Perodua has managed to secure sufficient semiconductor chips to ensure uninterrupted production for the remainder of the year.

UMW Holdings Berhad’s President and Group CEO, Dato’ Ahmad Fuaad Kenali said, “The demand for both UMWT and Perodua products and services remains strong, as evident from the healthy level of outstanding orders.  The Group expects the automotive sales momentum to peak in the last quarter of the year, supported by the year-end promotions and the sales tax exemption.  We are also hopeful that the sales tax exemption will be extended beyond 31 December 2021 to hasten the recovery of the automotive industry.  We are thankful to our customers for their continuous 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 close to 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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