The UMW Group recorded strong automotive sales for August 2023 with the registration of 41,386 vehicles as both UMW Toyota Motor (“UMWT”) and UMW’s associate company, Perodua continue to deliver their outstanding orders. Accordingly, the Group’s automotive sales increased by 16% to 271,515 units for the first eight months of 2023, from the 233,367 units registered in the same period of 2022.
UMWT registered stronger monthly sales for the year with the delivery of 10,275 units in August 2023, 13% higher than the 9,091 units delivered in August 2022. Year-to-date August 2023, UMWT registered 67,283 units, recording a 9% growth compared with the 61,639 units registered in the corresponding period of 2022. Accordingly, UMWT achieved market share of 13.4% for YTD August 2023. The all-new Toyota Vios, Hilux and Corolla Cross were the top-selling models to-date. UMWT enhanced its product offerings in August with the introduction of improved 2023 Toyota Corolla as well as the Toyota Corolla GR Sport variant. It also unveiled the 2023 Lexus RX500h F Sport variant as well as the launch of the all-new Lexus RX350 in May 2023.
Perodua registered 31,111 units in August 2023, 19% higher compared with the 26,039 units delivered in August 2022, mainly due to the improving supply chain as well as enhancement of production and sales operations. Year-to-date August 2023, Perodua’s sales surged to 204,232 units, 19% higher than the 171,728 units delivered in the same period of 2022. Accordingly, Perodua achieved market share of 40.7% for YTD August 2023. For the first eight months of 2023, Perodua’s top selling models were the Bezza, followed by the Myvi and Axia.
UMW Holdings Berhad President and Group CEO, Dato’ Sri Ahmad Fuaad Kenali said, “We are encouraged by the sustained strong sales registered by both UMWT and Perodua in August 2023. Year-to-date August 2023, both companies registered higher sales compared with the same period of 2022. The strong sales achieved was driven by the introduction of competitive and exciting new models as well as attractive sales promotions. Based on the outstanding bookings, we are confident that both companies will achieve their sales targets for 2023. We would like to extend our appreciation to our customers for their continued support of our products and services.”
