Perodua managed to collect 24,265 orders in July, of which 9,000 (37%) were for the all-new Perodua Alza. Despite the reinstatement of the Sales and Service Tax (SST), demand for Perodua vehicles remains strong. With a sales figure of 145,689 units between January and July 2022, Perodua reports a 48.7% jump from the same period in 2021 (97,945 units).
Perodua President and Chief Executive Officer, Dato’ Sri Zainal Abidin Ahmad said, “The sales increase can be attributed to two main reasons, the first is due to the strong demand for our vehicles, especially between January and June this year as customers wanted to take advantage of the government’s sales tax exemption initiative.
“The second reason why the 2022 year-to-date numbers are stronger is due to the nationwide Covid-19 pandemic lockdown that happened between June and mid-August last year.”
Although the year-to-date figures show growth, the month-to-month sales has naturally dropped by 13.3% due to the SST reinstatement – only 18,346 units were sold in July, as compared to 21,164 units in June 2022.
Dato’ Sri Zainal said that Perodua is working closely with the government to overcome the labour shortage by early August and Perodua expects its production to resume in full beginning this month.
“On the semiconductor issue, we have secured enough chip supply for us to produce and register more than 247,800 units this year, however we are still working on sustaining production growth. This means that we could not announce our new targets yet,” he added.
As for the industry as a whole, Perodua believes that the Total Industry Volume (TIV) for the year will be more than the 630,000 units initially estimated, as most brands in the country accumulated “massive bookings” between January and June this year.
“Given that the government has extended the registration deadline for all vehicles booked on or before 30 June 2022 to 31 March 2023, we believe the industry can do better than a 30,000-registration increase by the end of this year,” Dato’ Zainal Abidin commented.
In July, the Malaysia Automotive Association announced an increase in the total industry volume to 630,000 units from a forecast of 600,000 announced by the body in January 2022.