Perodua marked a record-breaking year in 2024 with 358,102 cars sold in 2024, but for 2025, the second national carmaker is forecasting a slight 3.7% downturn in total vehicle registrations at 345,000 units.
The company says that the lower forecast is mainly due to planned upgrade works at its production facilities, which is part of a RM1.6 billion investment announced today. Perodua has already exceeded the 320,000-unit manufacturing capacity at its Sungai Choh plant in Rawang last year.
This is further compounded by the expected rise in the national’s inflation rate of up to 3.5% in 2025 due to anticipated price pressures from subsidy rationalisation and external shocks, which could result in reduced vehicle purchases in the nation.
The sentiment is also reflected in the Malaysian Automotive Association (MAA)’s 2025 total industry volume (TIV) forecast, which is expecting a 4.5% drop to 780,000 units this year.
Despite the planned slowdown in production and sales, Perodua remains bullish on its future performance. “Demand for our vehicles remain healthy with current outstanding booking at 68,000 units, of which 28,000 bookings have letters of undertaking issued without stock,” Perodua President and Chief Executive Officer, Dato’ Sri Zainal Abidin Ahmad said in a statement.
“The year 2025 will be an exciting time for us as we prepare ourselves and our partners for the changes that are coming. We believe when these changes are completed, we would be able to further strengthen our current position in this country and this region,” he added.
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