Saturday 16 Nov 2024
By
main news image

KUALA LUMPUR (June 14): UMW Toyota Motor Sdn Bhd sold 7,579 units of Toyota and Lexus in May, 9.1% higher than the 6,946 units registered in the previous month.

In a statement on Tuesday (June 14), UMW Toyota said it sold 7,442 Toyota units and 137 Lexus units in May.

Between January and May 2022, the group sold 36,972 units, up 8.7% from 34,026 units a year ago.

"This is despite the forecast that vehicle sales in Malaysia will be slow for the rest of the year. Based on the global shortage of semiconductors, automobile producers are finding it difficult to increase their production to meet demand," said UMW Toyota Motor president Ravindran Kurusamy.

He added that the resumption of the sales and services tax after June will also put a damper on sales. "However, some may want to take advantage of the pricing prior to re-implementation of the SST and this will assist to ramp up sales."

“As we rev up for the second half of this year, we at UMW Toyota are truly appreciative and emboldened by the support we have received from our customers. It has always been our policy to put our customers first and we are always ready to extend our assistance to the many Toyota fans as we journey out of these uncertain times.

"We are looking forward to continued confidence in our products and servicing capabilities, backed by our advanced automotive technology and comforted by the security features of all our products. Here’s to a more positive outlook forging ahead,” said Ravindran.

      Print
      Text Size
      Share