Perodua targets 240,00 sales in 2021; aims to purchase RM6.5b of local parts


President and CEO Datuk Zainal Abidin Ahmad

RAWANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to sell 240,000 vehicles in 2021, a 9% growth, underpinned by strong demand for its existing models and the extension of the sales tax exemption.

“With the extension of the sales tax exemption to end-June 2021, recent Covid-19 vaccine developments and all our models continuing to be in demand, we believe 2021 will be the year of recovery,” Perodua president and CEO Datuk Zainal Abidin Ahmad said in a statement.

He added that Perodua, and the Malaysian automotive ecosystem, appreciates the support for the industry and will extend its full cooperation to the government in ensuring that all standard operating procedures are followed in regard to Covid-19.

In a statement Wednesday, the company said it sold 240,341 vehicles in 2019.

Of the 220,163 units sold in 2020, Perodua registered 66,330 Myvis, 59,651 Axias, 56,996 Bezzas, 22,494 Aruz, 14,691 Alzas and one other model against a total industry volume (TIV) of 529,434 units, netting a 41.6% market share.

Zainal said that with the estimated recovery of Perodua’s sales volume, the compact car maker is expected to purchase a record RM6.5bil worth of locally-sourced components in 2021.

“In addition, with 2020 ending better than previously expected for both Perodua and the industry, we are looking to increase our stock by boosting our production target to 272,000 vehicles this year – the highest in our history. This increase will replenish our stock to ensure brisk delivery this year,” he said.

Perodua’s 2021 production target represents a 23% increase over the 220,968 units manufactured in 2020, and with all its models having over 90% local parts content, the carmaker remains the biggest buyer of automotive components in Malaysia.

Perodua is expecting its service intakes to grow 20% from two million units in 2020 to 2.4 million units in 2021, comprising both current and new customers.

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Perodua , sales tax , Myvi

   

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