KUALA LUMPUR, July 19 – The UMW Group, a leading automotive company, announced a significant surge in sales for May 2023. The group delivered a total of 32,703 vehicles, marking a remarkable 28% increase compared to the previous month’s figures of 25,641 units. This outstanding performance can be attributed to the strong performance of UMW Toyota Motor (“UMWT”) and Perodua, the group’s associate company, as they successfully fulfill their outstanding bookings.

UMWT registered 8,004 units in May 2023, representing an 18% growth from the 6,767 units delivered in April 2023.  Year-to-date figures for May 2023 show UMWT delivering a total of 39,990 units, an 8% increase compared to the corresponding period in 2022, which recorded 36,972 units. As of May 2023, UMWT’s market share stands at an impressive 13.3%. To rejuvenate its model lineup, UMWT introduced the highly anticipated all-new Lexus RX 350 on May 17th, which has garnered significant interest and received encouraging orders.

Furthermore, UMWT has launched the “Toyota Extra Mile” sales campaign for June 2023, offering special promotions and the Toyota EZ Beli financing option for selected Toyota models to strengthen its order book. Perodua, on the other hand, witnessed a remarkable surge in sales, delivering 24,699 units in May 2023, marking a substantial 31% improvement from the 18,874 units delivered in April 2023. This outstanding performance has outperformed the total industry volume (“TIV”) growth. The strong sales can be attributed to enhancements in production and Perodua’s sales operations.

Year-to-date figures for May 2023 reveal that Perodua registered a total of 122,137 units, representing a 15% increase compared to the same period in 2022, when 106,179 units were delivered. Additionally, Perodua’s market share for the first five months of 2023 increased to 40.6%, surpassing the 39.1% recorded for the full-year 2022. Moving forward, Perodua is expected to continue fulfilling its outstanding bookings, which remain healthy and robust.

Dato’ Ahmad Fuaad Kenali, President and Group CEO of UMW Holdings Berhad, expressed his satisfaction with the strong sales performance of UMWT and Perodua in May 2023, highlighting the healthy demand. He further mentioned that both companies have achieved higher sales compared to the same period in 2022. Notably, the Total Industry Volume (TIV) has also increased by 12% for the first five months of 2023. Looking ahead, the UMW Group plans to introduce competitive and exciting new models to meet the evolving requirements of their customers.

The group extends its sincere appreciation to customers for their continuous support of UMW’s products and services. With this remarkable growth in sales, the UMW Group continues to solidify its position as a key player in the automotive industry, catering to the demands of an ever-growing market.

Pocket News