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UMW Group's automotive sales jump 16pct in nine months

KUALA LUMPUR: UMW Group's strong automotive sales momentum continues in September with the registration of 38,223 vehicles from UMW Toyota Motor and associate Perusahaan Otomobil Kedua Sdn Bhd (Perodua).

Accordingly year-to-date September 2023, the group's automotive sales jumped 16 per cent to 309,738 units from the 267,226 units registered in the same period of 2022.

UMW Toyota registered 9,228 units in September close to the 9,233 units delivered in the same month of 2022.

Year-to-date September 2023, UMW Toyota registered 76,511 units, recording an 8.0 per cent growth compared with the 70,872 units registered in the corresponding period of 2022.

Accordingly, UMW Toyota achieved a market share of 13.4 per cent for YTD September 2023.

To refresh its model line-up, it introduced the improved Toyota Yaris on Sept 18.

The improved model now features styling enhancements, new technology and a refreshed interior ambience.

It includes a sporty new front and rear skirting, as well as an optional two-tone paint finish with a striking black roof.

The locally-assembled popular B-segment hatchback is offered in two variants and is priced from RM88,000 to RM91,600.

Perodua registered 28,995 units in September, 18 per cent more than the 24,626 units delivered in September 2022, as it continued to ramp up production supported by the improving supply chain.

Year-to-date September 2023, Perodua's sales surged to 233,227 units, 19 per cent higher than the 196,354 units delivered in the same period of 2022.

Perodua held a market share of 40.8 per cent for YTD September 2023.

For the first nine months of 2023, Perodua's top selling models were the Bezza, followed by the Axia and Myvi.

UMW Holdings Bhd outgoing president and group chief executive officer Datuk Seri Ahmad Fuaad Kenali said UMW Toyota and Perodua havd continued to register higher sales compared with the same period of 2022.

"We are confident that both companies will achieve their sales targets for 2023 based on the outstanding bookings.

"He noted that Automotive sales in the last quarter of the year will also be supported by the attractive year-end promotions.

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