PETALING JAYA: Automotive sales at UMW Group jumped 28% in May with the delivery of 32,703 units as compared with 25,641 in April.
The improved sales figure was underpinned by the continued fulfilment of outstanding bookings at UMW Toyota Motor Sdn Bhd (UMWT) and the group’s associate company, Perusahaan Otomobil Kedua Sdn Bhd (Perodua).
According to UMW Holdings Bhd president and group chief executive officer Datuk Ahmad Fuaad Kenali, both auto companies registered higher sales compared with the same period in 2022.
He added that total industry volume expanded 12% for the first five months of 2023.
“Moving forward, the group will continue to introduce competitive and exciting new models to meet its customers’ requirements,” he said in a statement yesterday.
In May, UMWT registered 8,004 vehicles, which was 18% higher than in the previous month.
The company registered 39,990 units as at May 2023.
This represents an 8% growth compared with the same five months in 2022.
As at May 2023, UMWT’s market share stood at 13.3%.
To refresh its model line-up, UMWT introduced the all-new Lexus RX 350 on May 17, which has received encouraging orders.
In addition, to further strengthen its order book, UMWT has rolled out the “Toyota Extra Mile” sales campaign for June.
It is offering special promotions as well as the Toyota EZ Beli financing option for the purchase of selected Toyota models.
Perodua, meanwhile, recorded sales of 24,699 units in May, which was a 31% improvement over the previous month.
The strong sales, which outperformed total industry volume growth, was attributed to the improvement in production as well as enhancements to Perodua’s sales operations.
As at May, Perodua registered 122,137 units, 15% higher than the 106,179 units delivered in the same period of 2022.
For the first five months of 2023, Perodua’s market share increased to 40.6% from the 39.1% recorded for the full-year 2022.
Moving forward, the group said Perodua is expected to continue to fulfill its outstanding bookings, which continues to remain healthy.