Proton market share hits seven-year high

The Proton X70

KUALA LUMPUR: Proton delivered 11,873 vehicles in February aided by sales of the new Proton X50, which brought its market share to its highest since September 2013.

In a statement yesterday, the national car manufacturer said it received overwhelming response for the Proton X70, which was launched on Oct 27,2020.

With over 30,000 bookings made before the end of the year, 3,345 units were delivered in February, which brings total delivery of the model to 81,141 units. This helped to propel Proton’s market share to a seven-year high of 27.1%. However, the Proton Saga remained the manufacturer’s best-selling model with 4,217 units delivered.

As for its other models, the Proton Persona regained leadership in the B-segment sedan category while the Proton Exora continued to top the C-segment MPV market and the Proton Iriz took third place among B-segment hatchbacks.

“February continued to be a difficult month for Malaysia’s automotive industry but it turned out very well for Proton.

“Thanks to the efforts of the government to ensure a continuation of economic activity during the MCO, we were able to produce more cars and in so doing started to clear our backlog of orders, ” said Proton Edar Sdn Bhd chief executive officer Roslan Abdullah.

He added that the consistent delivery on the bookings is important to avoid a rush before the Penjana incentives expire at end-June.

In February, Proton also launched four special edition models, comprising the Proton Persona and Exora Black Edition as well as the Proton Saga and Iriz R3 Limited Edition, which are available in limited numbers.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3


Next In Business News

BIMB shares to be suspended on Tuesday
Ant Group to restructure under central bank agreement
Comfort Gloves plans to issue free warrants�
Bintai Kinden enters MoU to buy builder Johnson Medical for RM50mil�
MAG launches sustainability blueprint
TNB to increase percentage of bumi vendor participation in power supply
Reservoir Link wins three-year Petronas Carigali well repair contract �
KLCI snaps out of winning streak, down 3.83 points
Abu Dhabi's ADNOC, Dutch-listed OCI weigh IPO of fertiliser joint venture
China stocks end lower as materials, transport firms weigh

Stories You'll Enjoy