KUALA LUMPUR, Jan 15 (Bernama) — Perodua sold over 189,000 vehicles in 2012, its highest ever sales record, accounting for an estimated market share of 30.2 per cent.
Managing Director Datuk Aminar Rashid Salleh said the record was achieved despite the tight lending guidelines implemented by Bank Negara Malaysia which had a negative impact on the sale of the Viva model in the first quarter of last year.
“However, the sale of our two other models, Myvi and Alza, helped cushion the impact on our business. We sold more than 90,000 Myvi and we’re seeing an increased demand for the Alza,” he told a press conference today.
Aminar Rashid said the group received 248,500 bookings last year, up 4.2 per cent from 2011, but the shortfall between bookings and actual sales arose because some customers could not raise loans due to stringent lending by banks.
On capital expenditure, the second national car maker has allocated RM2.32 billion over four years for expansion of its manufacturing and sales business.
He said the group would spend RM68 million this year to upgrade and modernise its machinery, equipment and facilities at its Serendah plant while another RM54 million would be used to acquire land and for infrastructure development for its sales and after-sales business.
For this year, Perodua aimed to sell about 194,000 vehicles, targeting to maintain its market share of about 30 per cent driven by strong economic performance.
“We hope interest rates will remain at current levels. If it moves up it would become more challenging for us,” he said.
The Malaysian Automotive Association (MAA) said the country’s total industry volume (TIV) is projected to reach 626,980 units in 2012 and 627,000 units for this year, respectively.
Aminar Rashid said the MAA was expected to release its official TIV data next week.