Thursday 28 Mar 2024
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JOHOR BAHRU (Dec 4): Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has introduced a preliminary sale forecast of 240,000 units of vehicles in 2022 — up 20% from the expected 200,000 units to be sold in 2021 — as the national car manufacturer expects the ongoing sales tax holiday for passenger cars, as well as recovery in the economy, will serve as a major catalyst to car sales. 

“For 2022, we are looking to produce 240,000 units of cars, because it was our initial target for this year, if not because of Covid-19 and semiconductor [chip shortage for the auto sector], we would have [achieved] 240,000 units of sales target,” Perodua president and chief executive officer Datuk Zainal Abidin Ahmad told a media briefing.

In terms of operating environment, Zainal believes that “the worst is behind us (the company) in terms of Covid-19 related lockdowns, and while there are other risks in the market, he foresees that 2022 will be a year of recovery.

In order to meet the 240,000 sales target, Zainal said the company must deliver as many cars as possible before the end of the sales tax exemption on June 30, 2022.

Hence, he forecasts that demand for vehicles will peak in the first six months of 2022, as people will want to benefit from the sales tax exemption incentive by the government while the second half would see demand slowing.

“The 240,000 registration number is important as we want to grow the Malaysian automotive ecosystem.

“With this growth, we expect auto component purchases to be back to around RM6.5 billion next year. We will share the total number of purchased component parts for this year in January,” Zainal added.

Perodua ramps up production capacity in Dec to meet full-year sales forecast of over 200,000 units

Zainal said Perodua has been ramping up its production capacity for the month of December after aiming for its highest ever monthly registration in its history with at least 30,000 registrations, to end the year with over 200,000 units sold.

Zainal said the increase in production was also in view of the 70,000 units of outstanding booking to be fulfilled, with the bulk coming from Myvi, Bezza and Alza.

On a month-to-month comparison, Perodua sales dropped 27.1% to 20,299 units in November from 27,858 units registered in October, the highest sales month in its history so far.

Perodua registered 167,250 units between January to November 2021, down 14.2% from 194,980 units registered in the same period last year.

To recap, Perodua in September already revised its sales target for 2021 by 26,000 units to 214,000 from its initial projection of 240,000 units. In comparison, Perodua sold 220,163 units of cars in 2020.

Last month, Zainal said the company was unlikely to meet its already revised sales targets of 214,000 units for 2021 due to a chip shortage.

Edited ByTan Choe Choe
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