– UMW Toyota Motor sold 6,468 units in October 2020
– Perodua achieved a new sales record of 26,852 units in October 2020
KUALA LUMPUR, Nov 4 (Bernama) — The Automotive segment of UMW Holdings Berhad is on track to meet its full-year sales targets following improved sales achieved by both UMW Toyota Motor (UMWT) and its 38%-associate company, Perodua, in the month of October 2020. The Group’s automotive market share is estimated at 58% in October, a significant 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 second half of the year.