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UMW Toyota Motor sales grew 32% m-o-m to 8,487 units in March 2022






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KUALA LUMPUR (April 11): UMW Toyota Motor Sdn Bhd, a subsidiary of UMW Holdings Bhd, recorded a complete of 8,487 mixed revenue for Toyota and Lexus in March this year, up 31.95% from 6,432 in the prior thirty day period.

In a assertion, the automotive firm explained Toyota’s revenue in March rose 31.73% on a month-on-month (m-o-m) basis to 8,386 models from 6,366 units sold in February.

Lexus income rose 53% to 101 units in March from 66 units in the prior thirty day period, UMW Toyota Motor claimed.

“Product sales for the year to day are anticipated to carry on in this upward craze, with the total gross sales for the quarter getting at 22,447 units,” it claimed.

UMW Toyota Motor attributed its beneficial sales effects to its ongoing March promotions for which consumers will obtain RM4,000 truly worth of additional value on Toyota bestsellers these types of as Vios and Yaris.

The company also expects gross sales to raise even more with impending item launches later this calendar year. It mentioned Toyota is continuously innovating to provide mobility to Toyota lovers by offering buyers the most effective worth for their dollars, together with prime-of-the-line safety characteristics and increased performances.

UMW Toyota Motor president Ravindran K claimed the team is performing closely with its suppliers and monitoring developments intently to minimise the impression on the group’s generation and customers.

“As Malaysia transitions towards the endemic phase, UMW Toyota Motor is appreciative of the aid we have obtained from our shoppers during these unprecedented occasions. We continue to be fully commited in the direction of accomplishing continuous progress for the Toyota brand as properly as for the area automotive market by means of our cutting-edge ground breaking item and resolution choices.

“As we remodel in direction of sustainable mobility, Toyota aims to leave no a single powering as we continue to be at the forefront in offering benefit-for-money improvements outfitted with technological advancements and state-of-the-art safety characteristics across all our goods,” he included.

At 3.15pm, UMW Holdings dipped five sen or 1.47% to RM3.35, supplying it a marketplace capitalisation of RM3.91 billion.