The national carmaker company is on target for yet another year of double-digit percentage growth

by SHAFIQQUL ALIFF / pic MUHD AMIN NAHARUL

PROTON X50 sets a new monthly sales volume record with 4,763 units sold in Malaysia for July 2022.

National carmaker Proton Holdings Bhd said in a statement that this is also the first time such a vehicle has led the overall market in sales volume.

“The company is immensely proud of the model becoming the first SUV to be crowned as the best-selling vehicle in Malaysia, and we are thankful for the support from our customers.

“This achievement and Proton’s sales leadership in other segments shows our business plan is on the right track and repays the confidence placed in the brand by buyers, investors and other stakeholders,” Proton deputy CEO Roslan Abdullah said in a statement yesterday.

Proton sold 11,477 units in July while its overall sales for the year stands at 71,601 units, an increase of 19.7% over the same period in 2021.

Proton X70 sold 1,704 units last month, allowing it to retain sales leadership for the C-segment SUVs and pushed the carmaker’s overall SUV volume in 2022 past 31,500 units for the first seven months of the year.

Meanwhile, Proton Saga continued to rack up strong numbers and kept its position at the top of the A-segment sedan class.

Up to 4,521 units were sold in July, pushing cumulative sales for the year to 28,005 units. 

With 380 units in July, exports for 2022 have risen to 3,102 units and surpassed the 3,018 export sales for the whole of last year, the company said.

“The easing of restrictions in global trade has been a major boost for Proton’s export division. With five months to go, we are on target for yet another year of double-digit percentage growth, though our enthusiasm is couched by economic issues faced in overseas markets,” he added.

Roslan added that domestically, Proton ensure that despite recent interest rate hikes, its customers will still be able to afford the vehicles they ordered. 

“It’s vital to ensure we convert as many bookings as possible into transacted sales as this will help drive registrations as we continue to strive for more future success,” he added.