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May 19, 2024 -Sunday

 
  UMW GROUP'S AUTOMOTIVE SALES SURGED BY 64% TO 36,358 UNITS IN OCTOBER 2021 AS PRODUCTION & SALES RECOVERED

Thursday 11/11/2021



- UMW Toyota Motor registered 8,500 units in October 2021
- Perodua registered record-breaking 27,858 units in October 2021
 
KUALA LUMPUR, Nov 11 (Bernama) -- The UMW Group’s automotive sales surged by 63.8% to 36,358 units in October 2021 compared with 22,193 units sold in September 2021.  Both UMW Toyota Motor (“UMWT”) and UMW’s associate company, Perodua, continue with their sales recovery following easing of the Full Movement Control Order (“FMCO”) restrictions.
 
UMWT registered sales of 8,500 units in October 2021, 5.8% higher than the 8,033 units sold in September 2021.  Toyota Vios continues to be the marque’s best-selling model for October 2021, followed by the Hilux and Yaris.  Year-to-date October 2021, UMWT sold 54,618 units, 24.7% higher than the 43,807 units registered in the corresponding period last year.  In a move to diversify its offering in the electrified vehicle space, UMWT has officially started order-taking for the Toyota Corolla Cross Hybrid, its first locally assembled Toyota model with Hybrid Electric Technology in early November.  To refresh its product line-up, UMWT has also recently announced order-taking for the new updated Toyota Hilux, Fortuner and Innova. 
 
In October 2021, Perodua registered a record-breaking monthly sales of 27,858 units, an impressive recovery from the 14,160 units registered in September 2021.  This record-breaking achievement was made possible through agile and responsive production and sales capabilities to deliver vehicles to customers.  Perodua Myvi was its best seller for the month, followed by the Axia and Bezza.  In terms of production, October 2021 also saw the highest number of vehicles ever produced within a month at 29,803 units.  For the first ten months of the year, Perodua delivered a total of 146,951 units, 14.5% lower than the 171,861 units registered in the corresponding period of 2020, mainly due to the FMCO and partly the semiconductor chips shortage.  
 
UMW Holdings Berhad’s President and Group CEO, Dato’ Ahmad Fuaad Kenali said, “We are pleased with the strong recovery demonstrated by both UMWT and Perodua in October 2021.  The Group expects the automotive sales recovery to be sustained through November and December, supported by the introduction of new models and year-end promotions.  We are thankful to the government for the extension of the sales tax exemption as announced in the recent Budget 2022, which we believe will continue to hasten the recovery of the local automotive industry.  In addition, the incentives proposed for the electric vehicles is expected to promote a greater adoption of electric vehicles in the country.  We wish to also express our appreciation and thank you to our customers for their continuing support of our products and services.”

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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