Bermaz Auto on track to meet sales target


PETALING JAYA: With strong sales expected across its three brands – Mazda, Kia and Peugeot, Bermaz Auto Bhd (BAuto) is on track to meet its sales target of 18,000-19,000 units for financial year ending April 30, 2023 (FY23).

UOB Kay Hian (UOBKH) Research said based on its latest channel check, it gathered that BAuto had an outstanding number of backlog orders as of end-January 2023, which would take the automotive company some six to seven months to fulfill.

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