Categories: NewsWheels

Proton records third consecutive year of sales growth in 2021

by BERNAMA / pic by TMR FILE

KUALA LUMPUR – National carmaker Proton Holdings Bhd’s total sales rose by 4.5 per cent year-on-year in 2021 to 114,708 units for the domestic and export markets – its highest closing figure since 2014.

This marked the third consecutive year of sales volume growth for the company, it said in a statement today.

“The achievement is particularly noteworthy as the overall Total Industry Volume (TIV) for Malaysia is estimated to have shrunk by 4.6 per cent to just over 505,000 units.

“Proton’s market share in December is estimated to be 20.6 per cent, and for the whole of 2021, market share is estimated to be at 22.7 per cent,” it said.

Proton Edar chief executive officer Roslan Abdullah said the company is proud about being the brand with the highest export volume in 2021 as it shows that Proton is gaining traction overseas.

“While increasing shipping costs are a growing concern, our planned activities in 2022 means we expect exports sales growth to accelerate in the coming years,” he said.

RELATED ARTICLES

Friday, September 8, 2017

DRB-Hicom mum on new Proton CEO

Friday, November 10, 2017

Nobody retrenched at Proton, says govt

Zukri

Recent Posts

Ringgit opens slightly higher vs US dollar

THE ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as…

3 mins ago

US will ban cancer-linked Red Dye No. 3 in cereal and other foods

US health officials banned the artificial food coloring Red No. 3, which has been linked…

15 mins ago

Los Angeles wildfires test how Democrats aim to counter Trump

MASSIVE wildfires that incinerated broad swaths of Los Angeles are offering an early window into…

19 mins ago

TSMC drives record investment into US, Japan in China decoupling

TAIWAN'S companies invested a record amount of money in the US and Japan last year…

29 mins ago

‘Everything on the table’ to respond to Trump tariffs: Trudeau

OTTAWA – Canadian Prime Minister Justin Trudeau (picture) and regional leaders said Wednesday all options were…

34 mins ago

Qatar, US announce Gaza truce, hostage release deal

DOHA – Qatar and the United States announced Wednesday a ceasefire and hostage-release deal between…

42 mins ago