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UMW Toyota Motor Sdn Bhd is targeting to sell 30,000 vehicles this year, a 10% increase over last year's sales of 27,000 units.
The Penang electronics and electrical (EE) industry, optimistic of a positive turnaround in the 2nd half of 2003, is poised to tap market opportunities arising from the rebound.
UMW Toyota Motor Sdn Bhd had sold 8,860 Toyota I>Vios/Isince the launch of the sub-compact car in the middle of June last year and in the process captured a 49% share of the 1.4-1.5-litre non-national passenger car category.