The Myvi draws in the most money for Perodua.
PETALING JAYA: Perodua says it expects the re-introduced Sales and Service Tax (SST) to dampen car sales industry-wide until December.
“Perhaps, the impact would be up until December 2018 where, typically, most players would give good offers to reduce their carry-over stock into the following year,” said Perodua president and CEO Datuk Aminar Rashid Salleh, adding that his prediction was based on the assumption vehicle prices would rise from September.
“Our sales peaked in May at almost 22,000 units. However, we do not foresee this momentum continuing in the subsequent quarters of the year. While engagement with the government is on-going, we are still unclear on the full mechanism of the impending SST.
Finance Minister Lim Guan Eng announced on July 17 that services would be taxed at 6% and the sale of goods will incur a 10% tax under the new SST, which kicks in from September.
The new Myvi continues to be Perodua’s most popular model. Since its November launch last year, over 65,000 have been registered out of over 115,000 bookings collected.
On bookings, Perodua received over 185,000 orders in 1H18, a 24% boost over 1H17 and another half-year record. In June alone orders surpassed 40,000, and the carmaker is working overtime to meet the demand, said Aminar.
“Apart from a few units of the Alza, we expect all orders made this month to be fulfilled only from Sept 1 onwards."
Perodua sold 117,100 vehicles for the first six months of 2018, 17.5% up on the 99,700 units sold in the same period last year and a half-year record for the carmaker.
The 117,100 registrations comprised 46,860 Myvis, 33,870 Axias, 23,555 Bezzas and 12,815 Alzas, retaining the top spots for all four models in their respective segments.
Perodua is maintaining 2018 sales target at 209,000 units, while production target is also maintained at around 215,300 vehicles, a 7.5% increase compared with 200,100 vehicles made last year.
On aftersales, Perodua’s service intakes at its 179 service centres nationwide saw a 6% growth from 1.026million vehicles in 1H17 to 1.083 million in 1H18.
