KUALA LUMPUR (March 7): UMW Toyota Motor sold a total of 9,297 vehicles in February, some 37% more than the 6,786 units sold in the prior month. This is the company’s highest-ever month-on-month sales performance.

On a year-on-year basis, the sales growth was even more impressive at 45%.

Year-to-date, the company's sales stood at 16,083 units, a 15% increase compared with the corresponding period a year prior.

In a statement on Tuesday (March 7), UMW Toyota Motor president Datuk Ravindran K said the group’s February 2023 sales numbers are a testament to the dedication and hard work of the team at UMW Toyota Motor, which is a subsidiary of UMW Holdings Bhd.

“By continuously listening to our customers and adapting to their needs, we have been able to maintain our position as a top-performing player in the automotive industry,” he said.

“With the introduction of our new GR and GR Sport models and the all new Toyota Vios, we are excited to continue providing our customers with exceptional vehicles that exceed their expectations.”

UMW shares closed three sen or 0.78% lower at RM3.80, giving the group a market capitalisation of RM4.44 billion.