Breaking News

UMW Toyota sold 22,447 vehicles in Q1, upward sales trend expected to continue

KUALA LUMPUR: UMW Toyota Motor Sdn Bhd has recorded overall product sales of 22,447 units in the to start with quarter (Q1) of 2022 and expects to continue on its upward trend for the yr.

The motor vehicle business recorded overall income of 8,386 models of Toyota and 101 units of Lexus, bringing a total of 8,487 units offered in March against 6,432 models in February.

“Thirty day period-on-thirty day period sales accomplished for Lexus in March have been at 101 models, though the past month’s gross sales were being at 66 units. Toyota achieved 8,386 models marketed in comparison with 6,366 units in February, translating to a 32 for each cent of boost in units marketed,” it reported in a assertion.

The company attributed its positive gross sales end result to the ongoing March promotions, which present benefits this kind of as value-included rewards really worth RM4,000 for Toyota bestsellers this sort of as Vios and Yaris.

The non-national automotive manufacturer also is also anticipating a more strengthen in income with its impending new product or service launches later in the 12 months.

President Ravindran K claimed the company is continuously examining and adapting to the switching conditions and uncertainties, working closely with suppliers and monitoring developments to guarantee negligible affect on its creation and shoppers.

“As Malaysia transitions toward the endemic stage, UMW Toyota Motor is appreciative of the guidance we have gained from our prospects all through these unparalleled periods,” he ongoing.

“We remain committed to accomplishing continual advancement for the Toyota manufacturer as effectively as for the neighborhood automotive marketplace by way of our cutting-edge progressive products and option offerings.” – Bernama