UMW Holdings Bhd president and group chief executive officer Datuk Ahmad Fuaad Kenali (pic)said he is grateful to the government for allowing car assembly, showroom and service centre operations under the current movement control order. PETALING JAYA: The UMW Group’s automotive division kicked off the year strongly, following sustained demand as a result of the extension of the sales tax exemption until June 30,2021. In a statement, it said subsidiary UMW Toyota Motor (UMWT) sold 3,845 units in January 2021,4.1% higher than the 3,692 units registered in the same month last year. “Toyota Vios, Yaris and Hilux continue to be UMWT’s best-selling models in January. The improved Vios and Yaris were launched on Dec 17,2020.” To further enhance its product offering for 2021, UMWT introduced the updated Toyota Fortuner and Innova on Feb 2,2021. “The 2021 Toyota Fortuner comes in two variants with styling, performance and safety updates, while retaining all the strong attributes that make it a popular sports-utility vehicle nationwide. “The new 2021 Toyota Innova range, which comes in three variants, also has updated styling and features as well as additional safety systems which have been made standard.” Separately, the UMW Group said its associate company, Perodua, registered sales of 16,894 units in January 2021 and targets to sell 240,000 units this year, a 9% increase over the 220,163 units sold in 2020. “Perodua also plans to increase its stock by targeting to raise production to 272,000 vehicles this year, the highest in its history and in the process, will purchase a record RM6.5bil worth of locally-sourced components in 2021 that will bode well for the local automotive industry.” In the same statement, UMW Holdings Bhd president and group chief executive officer Datuk Ahmad Fuaad Kenali said he is grateful to the government for allowing car assembly, showroom and service centre operations under the current movement control order. “We are also thankful to the government for extending the sales tax exemption incentive to June 30,2021, which has enabled the group to register healthy sales in January. Moving forward, Ahmad Fuaad noted that the Malaysian Automotive Association had forecast total industry volume to grow by nearly 8% to 570,000 units in 2021, underpinned by the projected gross domestic product growth of between 6.5% and 7.5% in 2021 and continued support from the government. “Both UMWT and Perodua will continue to focus on introducing new and improved models and offer superior after-sales services to satisfy our customers’ requirements and expectations in order to achieve our targets in 2021, ” he said.
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