Perodua sales surge 28%, YTD registration breach 230,000 mark

RAWANG: Perodua reported a 28.3% increase in sales for the third quarter this year to 88,537 units compared with 69,011 units in the same quarter of 2022 as production factors go on overdrive.

The increase in registration was due to improvement in production operational efficiency, which saw 91,528 units made – an increase of 21.7% compared with 75,196 units in the same quarter of 2022.

“The third quarter of 2023 is our starting point in terms of increasing monthly production above 30,000 units per month as supplies of raw materials and parts can now catch up with demand,” Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad said.

For the year-to-date (YTD) figures, the compact car company has produced 245,341 units as of September 2023 or a 18.6% increase from 206,837 units in the same period last year.

“This increase in production shows the potential of the Malaysian automotive ecosystem as they further improve their economies of scale without sacrificing quality and cost efficiency,” he added.

Zainal said with these improvements, Perodua’s production and sales outlook for the fourth quarter of 2023 would be at their highest in the company’s history.

“We remain committed to reducing our customers’ waiting period. We believe that the waiting period from January 2024 onwards would be better managed,” he said.

Perodua’s year-to-date (YTD) registration stood at 233,227 units in the first nine months of this year as opposed to 196,354 units sold in the same period last year.

Of the 233,227 units registered, the top Perodua model sold over the nine-month period is the Bezza, followed by the Axia and the Myvi.

“We are on track to achieve our registration target of 314,000 for this year,” Zainal said.