Perodua 1st Quarter Sales Numbers Show a 29% Increase Compared to 1st Quarter 2020 - Most Likely Causes, the Ativa SUV and the SST Rebate

Recently Perodua has reported that their1Q21 sales were up 29% as the Malaysian company sold an estimated 57,911 vehicles units with 4,345 of their new Ativa compact SUV delivered. This is also another small achievement as the 4,000 plus units were delivered in under 30 days (because the Ativa was launched in early March actually). One of the good things of having ample stock to be made available prior to the actual launch.

Volvo Trucks Malaysia Post Record Sales Numbers For 2019

Volvo Trucks announced earlier today that it has recorded its best truck sales performance ever in the  50 years of the company conducting business in Malaysia. Volvo Trucks Malaysia sold  479 units of prime movers and rigid truckslast year and this was a 6.5% increase of 29 units more than the total number sold in the previous year.  According to the company, approximately 70% of the units were their Volvo FM series of trucks while the rest were the Volvo FMX and Volvo FH heavy duty models. This was a 29% share in the prime mover / heavy hauler market segment based on date from the Malaysia Automotive Association (MAA).

PROTON Starts Off Strong in 2020 - Most Successful January Sales in 4 Years With Over 8,500 New Registrations (Short Analysis At The End)

After selling slightly over 102,000 cars in 2019, PROTON has started 2020 strongly with the Malaysian based company recording a total of 8,506 new registrations for the month of January 2020. This figure is a 20.2% increase over the same period last year. This also marks PROTON’s most successful January sales in 4 years. The company is on a roll and should be on its way to another stong year ahead with the launch of the locally assembled X70 SUV and maybe the smaller X50 SUV by the end of this year.

Perodua Sells A Lot of Cars in 2019 - Over 240,000 Units and This in Turn Meant Over RM5.4 Billion in Local Parts Supplied. - ALSO, Perodua Bezza Sales Figues Update

Perodua managed to sell 240,341 units of vehicles in 2019 and this basically gave the Malaysian automaker of nearly 40% of the Total Industry Volume of new cars sold in Malaysia. What this means is that out of every 5 cars sold, 2 are Perodua. Amazing isn't it? The record sales figure constitutes a year-on-year jump of 13,098 units, or 5.8%. The Malaysian total industry volume (TIV) was estimated at 604,775 units last year. 

Perodua Invests RM7 Million into IQM Sdn Bhd to Centralise Their Old Model Body Parts Manufacturing

This piece of news happened a couple of weeks ago but it is interesting in terms of investments made in the Malaysian automotive industry. Our folks at Perodua has basically  centralised their parts production for its past models with the launch of a new press stamping machine (seen in the photo above) at its supplier's facility, IQM Sdn Bhd. The RM7 Million investment is unique in that it shows that Perodua is still catering to their older customers by providing a constant supply of spare parts for their past generation vehicles aside from expanding their supplier's capabilities so that they may eventually compete on a global level.

PROTON and ALHAJ Automotive to Set Up CKD assembly plant for Proton vehicles in Pakistan

PROTON seems to be going places under the helm of its Geely-Proton management. Recently, they entered into an agreement for the first ever CKD assembly plant for Proton vehicles in Pakistan. The event was officiated recently when the Prime Minister of Malaysia, Yang Amat Berhormat Tun Dr Mahathir Mohamad and the Prime Minister of Pakistan, His Excellency Mr Imran Khan, signed a ceremonial marble plaque at an event held in Islamabad, Pakistan. This happened during Tun Mahathir's recent visit to Pakistan earlier this March.

Second Group of Proton Vendors Ink Agreements with Overseas Vendors - Meanwhile Over 2,000 Proton X70 SUVs Already Delivered in Malaysia

Earlier today, a group of Proton vendors entered into collaboration agreements during a ceremony held at the Matrade Exhibition and Convention Centre (MECC). This is the second group of Proton vendors who have done so and like the first group of vendors, the agreements range in scope from technical agreements and joint ventures to 100% foreign direct investments by the overseas vendors into Malaysia. The new joint ventures is estimated tov bring an initial investment of RM47 million into country with the amount set to multiply over the years in tandem with increases in PROTON'S production volume. All of these collaborations will benefit the local production of the recently launched Proton X70 SUV. Some details of its delivery status is down below.

Malaysia Automotive Institute (MAI) is Now Malaysia Automotive, Robotics and IoT Institute (MARii) - Expanding Their Scope Towards Enhancing The Malaysian Automotive Industry

The Malaysia Automotive Institute (MAI), has been rebranded as the Malaysia Automotive, Robotics and IoT Institute (MARii). The announcement was made by the Minister of International Trade and Industry (MITI), Datuk Darell Leiking at the Car of the Year 2018 (COTY2018) awards on the 4th of December 2018 and sometime last week, MARii Chief Executive Officer Dato' Madani Sahari spoke to members of the automotive fraternity which comprised of industry players, academics, government bodies and members of the media on the scope expansion of MARii. This included the opportunities created for all stakeholders in expediting the adoption of robotics within the automotive sector in a briefing, titled “An Introduction to the Malaysia Automotive, Robotics and IoT Institute”, in MARii’s headquarters in Cyberjaya, Malaysia.