KUALA LUMPUR (Aug 7): UMW Toyota Motor Sdn Bhd, the automobile arm of the UMW Group, reported that its monthly sales grew by 25.8% to 8,349 units, comprising both Toyota and Lexus, with Toyota sales at 8,200 units and Lexus at 149 units.
In a press release on Monday (Aug 7), the company also said that its year-to-date (YTD) sales rose by 8.5% to 57,008 units as of July 2023 from 52,548 units registered in July 2022.
“The continued growth in our sales numbers is a testament to the appeal of Toyota cars to buyers who value performance and reliability,” said Datuk Ravindran K, president of UMW Toyota Motor, adding the group aims to enhance accessibility through expanding sales and service centres, Extra Mile services, along with monthly promotions to ease the barrier of owning a Toyota.
UWM Toyota announced that it has widened its footprint in Penampang, Kota Kinabalu through the expansion of Armada KK Automobile from a 1S to 3S centre — 1S deals with the sale of new automobiles, while 3S deals with the sale of automobile parts and accessories — consisting of 18 service bays.
Over in Peninsular Malaysia, Muar welcomed a new Toyota 4S centre, combining its previously separated 1S, 2S, and body and paint outlets, offering 14 service bays and 20 body and paint bays.
Meanwhile, in July, the Toyota Gazoo Racing (GR) GT Cup Malaysia online racing series was also launched, rebranded from the GR Velocity Esports Championship. Currently, in its sixth consecutive year, the series is one of the most lucrative online racing events in the country, offering up to RM90,500 in cash prizes this year — the highest ever in its history.
“As a leading car manufacturer and brand, the launch of the Toyota Gazoo Racing (GR) GT Cup Malaysia online racing series further extends Toyota’s mission to contribute towards motorsports development in Malaysia, by encouraging greater participation of youths and bringing motorsports to the masses,” commented Ravindran.
As of writing (4.25pm), UMW Holdings shares gained one sen or 0.24%, settling at RM4.10, valuing the group at RM4.79 billion.