Friday July 24, 2009

Proton overtakes Perodua in total sales

PETALING JAYA: Proton Holdings Bhd has overtaken Perusahaan Otomobil Kedua Sdn Bhd (Perodua) in total sales for the first time in three years by selling more vehicles in June.

Malaysian Automotive Association (MAA) said Proton’s sales surged by 1,523 units in June over the previous month to regain market leadership as a result of more deliveries of its new Exora.

The gap between the two national carmakers in recent months had been narrow and Proton leaped over Perodua, thanks to combination of higher sales of its Exora and the stopping of the sale and production of Perodua’s Kancil in June.

For June, MAA said total sales were 45,211 units, a decline of 7.7% from 48,990 posted a year ago. Production fell 12.5% in June from a year ago.

Sales, however, rose 2.9% from May. Passenger car sales in June fell to 41,109 units from 44,637 units sold in June 2008.

On the outlook for July, MAA said sales volume was likely to improve.

It expects production of cars to increase to reduce the waiting period for buyers.

MAA added that orders for popular models had increased as the current positive environment had improved consumer confidence.

PROTON : [Stock Watch] [News]

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