UMW’s automotive sales up 48% m-o-m in March 2022

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KUALA LUMPUR (April 13): The UMW group’s automotive revenue ongoing to make improvements to in March 2022 as each UMW Toyota Motor (UMWT) and UMW associate company Perusahaan Otomobil Kedua Sdn Bhd (Perodua) registered far better figures in comparison to the earlier month.

In a assertion on Wednesday (April 13), UMW mentioned it shipped 35,246 models in March, 48% better than the 23,853 units offered in February, as it continued to ramp up production to fulfil its encouraging outstanding purchase e book.

It said UMWT’s income surged by 32% to 8,487 units in March, in contrast with the 6,432 models registered in the preceding month.

In the 1st quarter of 2022, it extra, UMWT bought 22,447 models, 31% bigger than the 17,151 models marketed in the corresponding interval of 2021.

The prime-providing designs in the very first quarter of this calendar year ended up the Hilux, Vios, Corolla Cross and Yaris, it mentioned.

The group also claimed UMWT launched Season 5 of the Toyota Gazoo Racing Pageant in March.

In the meantime, it stated Perodua’s sales elevated to 26,759 units in March, 54% increased than the 17,421 models registered in the previous thirty day period.

In the to start with quarter of 2022, Perodua bought 61,624 models, 6% increased than the 57,909 models registered in the similar period of 2021.

As a end result, UMW added, Perodua had accomplished 25% of its profits concentrate on for the calendar year of 247,800 units.

Its top-marketing models in the 1st quarter of the year have been the recently experience-lifted Myvi, adopted by the Axia and Bezza.

Even though the Covid-19 pandemic and part provide challenges continue to linger, Perodua is reportedly functioning carefully with its suppliers and sellers to minimise the impression on its consumers.

UMW Holdings Bhd president and team chief govt officer Datuk Ahmad Fuaad Mohd Kenali said the group was happy with the enhanced revenue registered by the two UMWT and Perodua in March, supported by the robust purchase e book.

“Both corporations are on track to reach their revenue targets for the calendar year, and are ramping up production dependent on the accessible potential to expedite the delivery of autos to shoppers.

“Furthermore, equally corporations prepare to introduce a number of all-new and facelift models this 12 months to generate profits and reach their targets,” he explained. 

At 10.30am on Wednesday, UMW experienced dipped two sen to RM3.33, valuing it at RM3.89 billion.

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