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UMW Holdings Bhd president and group CEO Datuk Ahmad Fuaad Kenali

KUALA LUMPUR: The UMW Group delivered a record-high of 383,054 units of vehicles in 2022, 46% higher than the 262,685 units registered in 2021.

“Both UMW Toyota Motor (UMWT) and Perodua surpassed their sales targets for the year, mainly due to the robust demand driven by the sales tax exemption as well as the exciting new models launched during the year,” UMW said in a statement.

In December 2022, the group delivered a record monthly sales of 41,664 units, 7% higher than the 39,034 units registered in November 2022.

With 10,440 units registered in December 2022, UMWT successfully delivered 101,035 units in 2022, a 40% increase compared with the 72,394 units registered in 2021.

UMWT, therefore, maintained its leadership in the non-national automotive segment amidst challenging market conditions and supply chain issues.

The Toyota Vios, Hilux, and Corolla Cross were its best-selling models for the year, UMW said.

“In 2023, UMWT will continue to introduce new and exciting models to sustain its momentum. As UMWT is taking a multipath approach towards carbon neutrality, it also plans to introduce a second hybrid electric vehicle (HEV) model this year, on top of the possible introduction of a battery electric vehicle (BEV) for the Malaysian market,” it said.

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Meanwhile, Perodua continued to retain its pole position in the Malaysian automotive industry with the delivery of 282,019 units in 2022, a 48% increase compared with the 190,291 units registered in 2021.

Perodua also broke another monthly sales record since its inception in December 2022, with 31,224 units registered during the month.

Furthermore, Perodua also achieved its highest annual production with 289,054 units in 2022.

“Moving forward, Perodua will continue to introduce new technologies in its products and services as well as to continue to invest to improve its production efficiency and capacity,” it said.

UMW Holdings Bhd president and group CEO Datuk Ahmad Fuaad Kenali said: “We are pleased with the strong sales registered by UMWT and the record sales achieved by Perodua in 2022. Both companies have shown resilience and performed exceptionally well for the year considering the headwinds and challenges faced by the automotive industry.”

“Moving forward, we are cautiously optimistic that the automotive industry will continue to perform well in 2023 based on the encouraging bookings and the continuing strong demand.

“The group will continue to introduce competitively priced exciting new models to meet its customers’ requirements. We would like to extend our appreciation to our customers for their continuous support of our products and services,” he added.

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