KUALA LUMPUR: The UMW Group's vehicle sales jumped 28 per cent in May 2023 with delivery of 32,703 units compared with 25,641 units registered in April 2023, for both UMW Toyota Motor (UMWT) and associate company, Perodua.
Perodua's sales jumped to 24,699 units in May 2023, an improvement of 31 per cent compared with 18,874 units delivered in April 2023 attributed to the improvement in production as well as enhancements to Perodua's sales operations. It outperformed the total industry volume (TIV) growth.
Year-to-date May 2023, Perodua registered 122,137 units, 15 per cent 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 per cent from the 39.1 per cent recorded for the full-year 2022.
UMWT registered 8,004 units in May 2023, 18 per cent higher than the 6,767 units delivered in
April 2023. Year-to-date May 2023, UMWT registered 39,990 units, representing an 8 per cent growth compared with the 36,972 units registered in the corresponding period of 2022.
As of May 2023, UMWT's market share stood at 13.3 per cent.
UMW Holdings Berhad President and Group CEO, Dato' Ahmad Fuaad Kenali said, "We are pleased with the strong sales registered by both UMWT and Perodua in May 2023, as demand remains healthy. Year-to-date, both companies have also registered higher sales compared with the same period of 2022. The TIV has also increased by 12 per cent for the first five months of 2023."