In a statement yesterday, the group said the automotive segment had steadily recovered from the adverse impact of the Covid-19 containment measures earlier this year
Kuala Lumpur: UMW Holdings Bhd
’s automotive segment is on track to meet its full-year sales target supported by strong sales in November 2020 by both subsidiary UMW Toyota Motor Sdn Bhd (UMWT) and associate company Perusahaan Otomobil Kedua Sdn Bhd (Perodua).
In a statement yesterday, the group said the automotive segment had steadily recovered from the adverse impact of the Covid-19 containment measures earlier this year with demand boosted by the sales tax exemption incentive announced by the government, effective from June 15 to Dec 31,2020. — Bernama
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