KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) expects Malaysia's new vehicle sales to reach 610,000 units this year.
This surpasses the total industry volume (TIV) forecast by the Malaysia Automotive Association at 600,000 units.
Perodua president and chief executive officer Datuk Zainal Abidin Ahmad believes this was possible with the government's assurance of no further lockdowns in its measures against the on-going Covid-19 pandemic.
He added that Perodua was expected to improve its market share to 40.6 per cent (from 37.4 per cent in 2021) by registering 247,800 vehicles for 2022.
"We expect to produce 265,900 vehicles in 2022 which is 37.5 percent higher compared to 193,400 vehicles produced in 2021," said Zainal at a briefing on the industry's outlook this year today.
"The increase in production w;ill result in the increase in locally-sourced automotive parts by 41.5 per cent to RM7.5 billion compared with the RM5.2 billion purchased in 2021. This recovery will help the industry heal faster as the demand and for vehicles is still strong," he added.
Demand remains strong across all of Perodua's models for 2021 with the Myvi as the top model at 47,525 units registered. This is followed by the Axia (43,080), Bezza (42,698), Ativa (26,847), Aruz (15,313), and the Alza (14,838).
"Since it was launched on Nov 18 last year, Perodua delivered 7,055 new Myvi units with booking reaching 31,154 orders since Nov 9," Zainal said.
Perodua sold 190,291 vehicles in 2021, down 13.6 per cent over 2020's 220,163 vehicles registered.
"Our order book for new vehicles is still quite healthy with the gaurentee that the production will go uninterrupted will mean that we could fulfil the outstanding orders in a timely manner," said Zainal.
He said the present Alza model would continue production until March or April. The decision was made due to the November flood and Movement Control Order impacting its production.