Perodua production and sales performance improves in 1H 2023

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KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd’s (Perodua) production and sales for the first half of 2023 (1H 2023) increased by 17 per cent and 13.6 per cent respectively.

In a statement, the local carmaker maker said its production grew to 153,813 vehicles in the first six months of 2023, compared with 131,641 units made in the same period of 2022.

It has resulted in a registration increase of 13.6 per cent to 144,690 vehicles for 1H 2023 compared with 127,343 units sold in the same period last year.

Top seller between January and June were the Bezza with a total of 40,555 units registered, followed by the Perodua Myvi at 32,319 units and the Perodua Axia at 28,199 units.

President and chief executive officer Datuk Seri Zainal Abidin Ahmad said the higher production and sales performances were due to better supply of parts, as well as improved production efficiency at its manufacturing plant.

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“Perodua is on track to meet our 330,000 production and 314,000 registration targets as we will further improve on its operational efficiencies.

“Among the notable improvements we have made include the faster tact time (the time it takes to produce a vehicle) from 1.35 minutes to 1.25 minutes at our Perodua Global Manufacturing plant (PGMSB),” he said.

On a quarter-to-quarter comparison, Perodua produced 69,013 vehicles in the second quarter of 2023 (2Q 2023), an increase of one per cent from 68,316 in the same period last year.

Meanwhile, Perodua registered 66,126 units in the second quarter of 2023 (2Q 2023) compared with 65,719 units previously.

“The bulk of the production performance of this year so far was achieved in the first quarter of 2023 as Perodua went all out to meet the National Economic Recovery Plan (PENJANA) obligations,” he said.

Moving forward, he said Perodua expects its production and sales to continue their uptrend as demand for its vehicles remain healthy.

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However, he said, while existing bookings were encouraging, there are potential challenges ahead, ranging from potential higher financing costs and intermittent supply shortages.

“These challenges notwithstanding, we stand firm on our targets and we thank our valued customers for their support and patience. Our top priority is to continue reducing our customers’ waiting time as well as further improve our service quality,” he said. – BERNAMA

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