UMW Holdings Bhd is on track to meet its full-year sales targets as demand steadily continues, boosted by the sales tax exemption incentive (effective until Dec 31, 2020).
Within the first 11 months of 2020, UMW Toyota Motor (UMWT) achieved total sales of 50,074 units against its sales target of 53,000 units this year. The Toyota Vios, Taris and Hilux continue to be UMWT’s best-selling models year-to-date.
Meanwhile, Perodua continues to advance strongly towards its year-end target as it recorded sales of 23,119 units in November 2020, including a record-breaking single-day sale of 5,027 units on the last day of the month.
For the first eleven months of 2020 Perodua has sold 194,983 units, achieving close to 93% of its target of 210,000 units for the year. The Myvi continues to be the marque’s best-seller year-to-date, followed closely by the Axia and Bezza.
UMW Holdings Berhad president and group CEO, Datuk Ahmad Fuaad Kenali said: “The Group continues to sustain strong sales momentum, thanks to the sales tax exemption implemented by the Government to spur the local automotive industry following disruptions caused by the COVID-19 pandemic.
“With the impressive sales achieved by both UMWT and Perodua year-to-date, we are confident that the momentum will continue in December to achieve our revised sales targets for the year.” – Dec 11, 2020
