UMW Group’s Vehicle Sales Are Increasing

UMW Group's vehicle sales grew 14% in June 2022 compared with May 2022; 32% growth in first half of 2022.

The UMW Group’s automotive sales surged by 14% in June 2022 as both UMW Toyota Motor (“UMWT”) and UMW’s associate company, Perodua, registered improved sales. The Group delivered 30,103 units in June 2022 compared with 26,480 units registered in May 2022 as it continues to fulfil its encouraging outstanding order book. For the first half of the year, the UMW Group delivered a total of 173,254 units, 32% higher than the 131,401 units registered in the corresponding period of 2021. Sales in June 2021 was affected by the implementation of the Full Movement Control Order (“FMCO”) from 1 June to 15 August 2021.

UMWT registered its highest monthly sales for the year in June 2022 with 8,939 units, 18% higher compared with the 7,579 units sold in May 2022. Year-to-date June 2022, UMWT sold 45,911 units, 35% higher than the 34,111 units sold in the corresponding period of 2021. To refresh its model line-up, on 24 June 2022, UMWT has started order taking for the all-new Toyota Veloz. The locally assembled (CKD) all-new Toyota Veloz will replace the Toyota Avanza in the Malaysian B-segment MPV market.

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Meanwhile, Perodua registered sales of 21,164 units in June 2022, 12% higher than the 18,901 units registered in May 2022. For the first half of 2022, Perodua sold 127,343 units, 31% higher than the 97,290 units sold in the corresponding period of 2021. Perodua’s top-selling models for the first half of 2022 were the Myvi, Axia and Bezza. To further strengthen its market leadership position, Perodua has started order taking for the all-new Perodua Alza on 23 June 2022.

UMW Holdings Berhad President and Group CEO, Dato’ Ahmad Fuaad Kenali said, “We are pleased with the improved sales registered by both UMWT and Perodua in June 2022. While the sales tax exemption was not extended beyond June 2022, we are grateful to the government for extending the sales tax exemption for outstanding bookings made by 30 June 2022 to be registered by 31 March 2023. This announcement also saw a massive rise in the bookings for new vehicles for both UMWT and Perodua in the last week of June 2022. Both companies will continue to ramp-up production to deliver our cars to the customers. We would like to thank our customers for their continued support of our products and services.”