UMW Group’s Automotive Sales Remained Strong in November; Confident of Achieving Its Targets For 2020

KUALA LUMPUR, Dec 11 (Bernama) — Supported by strong sales in November 2020 by both UMW Toyota Motor (UMWT) and its associate company, Perodua, the Automotive segment of UMW Holdings Berhad is on track to meet its full-year sales targets.  The Group’s automotive segment has steadily recovered from the adverse impact to sales as a result of the Covid-19 containment measures earlier this year, with demand boosted by the sales tax exemption incentive announced by the government, effective from 15 June 2020 to 31 December 2020.

Having sold 6,267 units in November 2020, UMWT achieved a total sales of 50,074 units for the first eleven months of 2020 and is poised to exceed its revised sales target of 53,000 units for the year.  Toyota Vios, Yaris and Hilux continue to be UMWT’s best-selling models year-to-date. The newly-revised Vios was launched on 16 November 2020, shortly after the announcement of the launch of the newly-revised Yaris.  The latest generation sub-compact 1.5-litre Vios was first launched in January 2019 and has established itself as a popular entry-level sedan. The refreshed Vios and Yaris are now equipped with Toyota Safety Sense, to further continue its sterling records in terms of safety, reliability, practicality and value-for-money proposition.

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