Naza Kia on track to achieve 2017 sales target


KUALA LUMPUR: Naza Kia Malaysia Sdn Bhd, the official distributor of Kia vehicles in Malaysia, is on track to achieve its 2017 sales target of 5,100 vehicles after having sold 4,378 Kia models last year.

Naza Corporation Holdings Sdn Bhd Automotive Group Chief Operating Officer Datuk Samson Anand George said he was confident the first half of 2017 (1H17)’s sales momentum can be sustained into the 2H17, and this would help the company achieve better results over last year.  

“Sales in the first six months improved 14.4% compared with the same period last year. So, we hope to conclude this year with better results,” he told reporters after launching the fourth-generation Kia Rio model here today.

“Our strategy is to continue introducing new models. Rio is going to be a very strong product for Naza Kia.

“If we hit 500 units, Rio will contribute about ten per cent to the expected overall sales this year,” he added.

Rio is the fifth model launched by the company this year. Earlier this year, it launched the Grand Carnival, Sportage,  Sorento and Optima.

The company’s best-selling model so far are Sorento and Cerato.

“The new Rio, larger in size than the average B-segment car, will potentially come in third,’’ said Anand, adding that the model retailed for RM79,888 (on-the-road without insurance)..

Meanwhile, on the grand carnival sales, he said the company was currently facing a high back order for the multi-purpose vehicle and was looking forward to assemble it as a complete knock-down unit at its plant in  Gurun, Kedah. - Bernama

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Thai business group cuts 2024 GDP growth forecast
TotalEnergies mulls moving listing to Wall St
Rig dearth aggravates Indonesia’s declining oil and gas production
Optimistic growth prospects for Focus Point Holdings
Elsoft Research poised for recovery in the semiconductor sector
Epsom sees more student enrolment from UK
SC: Planners should give sound financial advice
China’s surging industrial loans aren’t going to its factories
Japan’s helping hand in BoE June rate cut window
Carsome turns Ebitda positive in 1Q24 on business scale

Others Also Read