The three-month Tax-Free Holiday announced by the newly installed Pakatan Harapan Government has caused a huge spike in uptake of new cars for many, if not all, car brands in Malaysia with many consumers taking advantage of the zero-rated GST deal.
Due to this, Proton has sold 7,585 cars to the local market and exported 517 cars in the month of July. The total sales figure of 8,102 is the national carmaker’s strongest sales number recorded in the past 30 months. Compared to June, sales figures grew by 31 per cent, driven mainly by the Saga and Persona models with 3,000 and 2,221 units sold respectively.
CEO of Proton Edar, Abdul Rashid Musa said: “July was a very good month for PROTON as we had achieved our highest volume not just for 2018 but also for the last 30 months. We know that a big factor in boosting sales is the current tax holiday period with zero-rated GST prior to the implementation of SST in September but the numbers also prove that Malaysians are opening their eyes to the attractive buying proposition offered by the current range of Proton cars. We are therefore hopeful of carrying over this momentum even after SST has been introduced as we gear up for the launch of our first SUV later in the year.”
Honouring their pledge of donating RM10 to Tabung Harapan Malaysia (THM) for every Proton car sold from 1 June to 31 December 2018, Proton will be appropriating a sum of RM81,020 to the Government fund. In June, the company made a contribution of RM61,730.