UMW Holdings Registers Higher Vehicle Sales In The Third Quarter Of 2020

–       UMW Toyota Motor sold 5,605 units in September 2020
–       Perodua registered record-breaking sales of 25,035 units in September 2020

KUALA LUMPUR, Oct 12 (Bernama) — The Automotive segment of UMW Holdings Berhad registered higher sales in the third quarter of 2020 following strong sales achieved by both UMW Toyota Motor (UMWT) and its 38%-associate company, Perodua.  The Group’s automotive market share achieved a new record high of 53.7% in August, an increase from the 51.4% registered in 2019.  The sales tax exemption announced by the government on 5 June 2020, effective from 15 June 2020 to 31 December 2020 has helped to lift sales in the third quarter of 2020.

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