UMW Toyota Motor sales on the mend as restrictions ease
UMW Toyota Motor confirms rise in sales of Lexus and Toyota vehicles in September 2021
With more businesses resuming normal operations following the gradual easing up of restrictions leading up to borders being reopened to fully vaccinated Malaysians today, UMW Toyota Motor (UMWT) confirms that its 'businesses are seeing a steady improvement in sales'.
In September alone, the company sold 7,931 Toyotas and 102 Lexus vehicles, with the monthly total of 8,033 units outpacing the 5,509 units sold in August. This also marks a 43 percent improvement over September 2020's numbers (5,605 units).
The combined sales of Toyota and Lexus models are now at a year-to-date total of 43,594 units as of the end of September 2021. The company only managed to ship 25,978 units within the same nine-month period last year, such was the effect of the Movement Control Order at the height of the Covid-19 pandemic.
"We are certainly pleased to see the market steadily moving towards normalcy as the past few months have been challenging for us. Our showrooms have been open and receiving many customers daily, and bookings for the latest models have been increasing," said Ravindran K, president of UMWT.
Beyond this recovery, UMWT has confirmed that it will invest heavily in the localisation of hybrid Toyota models as part of its efforts to stay in line with Toyota's 2050 carbon neutrality target.
"We are absolutely positive that the HEV is the most accessible and realistic choice for Malaysian customers in terms of practicality and infrastructure, with an enormous potential in Malaysia,” said Akio Takeyama, deputy chairman of UMWT.