Proton doubles sales in November

KUALA LUMPUR: National carmaker Proton Holdings Bhd’s year-on-year sales (y-o-y) for November doubled to 9,643 units.

Proton in a statement said the cumulative volume for the year stood at 89,476 units, which marks a 50.1% growth y-o-y while the market share has also grown and was estimated to be now at 16.2% for the whole of 2019.

The Proton Saga posted a third consecutive month of sales breaking the 4,000-unit barrier as 4,091 cars were delivered in November.

This allowed Proton’s newest model to return to the top of the A-segment sedan sales table with 34,422 sold so far in 2019.

Its volume growth now stands at 32%.

“Our challenge is to increase our production capacity for the Saga and we have had intensive discussions with our vendors to work towards a volume increase next year,” said CEO Dr Li Chunrong.

Meanwhile, Proton’s first sport utility vehicle (SUV), the Proton X70, also saw better sales volume for the month.

The Proton X70 will celebrate its first anniversary on Dec 12.

“The Proton X70 has been our biggest success story for 2019. It enabled Proton to enter a new segment with zero market experience and a year later, we have emerged as the undisputed sales leader,” said Li, adding that sales for the Proton X70 have picked up, with 2,000 units sold in November.

“The uptrend shows that customers are still keenly interested in the most intelligent SUV on sale and we target to grow that interest in the coming year.”

According to Li, as the new plant extension in Tanjung Malim approaches the commencement of production activities, Proton’s engineers have pledged to deliver products that match or are better in quality than vehicles produced by other members of the Geely Auto group of automotive brands. – Bernama

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