Perodua sales down by 13.8% in July to 18,346 units – 24,265 orders collected last month after SST reinstated

Perodua sales down by 13.8% in July to 18,346 units – 24,265 orders collected last month after SST reinstated

The reintroduction of the sales tax (SST) as of July 1 doesn’t look to have dampened the mood for new car buyers, if Perodua’s order books for the month are anything to go by. The national automaker said it collected 24,265 orders last month, an indication that there is strong demand for its vehicles.

The company also reported higher year-to-date sales numbers, with the 145,689 units sold between January and July this year representing a 48.7% jump from the 97,945 units managed during the same period last year.

Perodua president and CEO Datuk Seri Zainal Abidin Ahmad attributed the significant increase in sales 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,” he explained.

Perodua sales down by 13.8% in July to 18,346 units – 24,265 orders collected last month after SST reinstated

Despite the encouraging YTD numbers, he said the company was still adopting a cautious outlook, as there are still lingering issues in the automotive ecosystem, including a shortage of labour as well as residual semiconductor supply availability. “As a result, our month-to-month sales were reduced by 13.3% to 18,346 units in July compared with 21,164 units registered in June this year,” he said.

Zainal said that the company is working closely with the government to overcome the labour shortage issue and hopes to resolve it by early August. He added that Perodua expects 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, so this means that we cannot announce our new targets yet,” he stated.

On the topic of total industry volume, he believes that the TIV for 2022 could be more than the revised 630,000 units forecasted last month, given that nearly all automotive brands accumulated massive bookings between January and June.

“Also, given that the government has extended the registration deadline for all vehicles booked on or before June 30 to March 31, 2023, we believe the industry can do better than a 30,000-registration increase by the end of this year,” he added.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • LaksaKL on Aug 04, 2022 at 3:46 pm

    Labour shortage is everywhere.

    Construction, Restaurants, Grabs also lack or manpower now.

    Like or Dislike: Thumb up 4 Thumb down 2
    • Ajibkor on Aug 04, 2022 at 6:47 pm

      Ringgit is free falling. Even indons and banglas are shunning this country, I’m bringing all down tgt with me. Mwahahahah no tks to BN,

      Like or Dislike: Thumb up 6 Thumb down 4
    • Once a rogue missile goes off course from the Chinese navy now during drills..and lands on TSMC..deliveries can be delayed another 12 months.

      Like or Dislike: Thumb up 2 Thumb down 0
      • Normal cars doesn’t use high end chips that TSMC produces, a 28nm or above chips are sufficient and China got those covered, so no worry when Taiwan goes “KABOOM”.

        Like or Dislike: Thumb up 0 Thumb down 0
    • Sohai on Aug 04, 2022 at 9:42 pm

      Makes you wonder why malaysia chooses to participate in labour intensive industry such as car manufacturing when we are so dependant on foreigners to fulfill those roles.

      Like or Dislike: Thumb up 4 Thumb down 0
      • Civic Turbo 2018 on Aug 05, 2022 at 11:03 am

        Because 70% people told they very special
        Another 25+5% feel they better qualified
        So in the end, nobody wants dirty job

        Like or Dislike: Thumb up 0 Thumb down 1
  • Tahniah terbaek P2! Luaskan kuasa mu

    Like or Dislike: Thumb up 7 Thumb down 2
  • Mr. Sotong on Aug 04, 2022 at 5:00 pm

    SST for Perodua and Proton are not as much as non national makes hence it should not impact the order collection as much as their other compatriates.

    Like or Dislike: Thumb up 1 Thumb down 0
  • Has the government cheated the buyers of the promised SST exemption OR had Perodua walloped the full amount but gave some chicken feed to those who booked before 1st July? Why such lack of integrity and transparency?

    Like or Dislike: Thumb up 3 Thumb down 0
  • Asiongkor on Aug 04, 2022 at 8:53 pm

    I think due to repeated covid lockdowns,many folks kind of “just beli je..”SST or no SSt,or even with GST..they will buy.

    Like or Dislike: Thumb up 0 Thumb down 0
  • Jonathan on Aug 05, 2022 at 11:49 am

    I want to buy Axia 1.0G or Style for my daughter, how long is the waiting list?

    Like or Dislike: Thumb up 2 Thumb down 0
 

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