Proton recently announced that it sold a total
of 70,991 units in 2017, 1,300 units or 1.8 percent lower than what they
registered in 2016. They attributed the decline to poor fleet sales due to
lower taxi orders in 2017. On the retail side, sales improved by 2.5 percent to
68,184 units due to higher Persona sales, which recorded 27 percent growth over
2016’s performance. More than 30,000 units of Saga sold in 2017.
Meanwhile, Frost & Sullivan has also
released their report on 2017’s performance and 2018’s forecast. On 2017, Frost
& Sullivan assumed* that the TIV to be around 590,000 citing that higher demand
for Passenger Vehicles were resulted from recovering economy and rising
consumer confidence. On 2018, they forecasted that there will be a 2 percent
growth in TIV with 601,000 units expected to registered this year, out of
which, 540,000 units coming from Passenger Vehicle (PV). According to them, increasing
in disposable income and strengthening ringgit would be the driver for the
growth in 2018. They also cited that BNM continuous efforts to improve the
quality of loans will dampen the growth to some degree.
* MAA has yet to announce the 2017 result.
Interestingly, somebody also shared these facts
on Perodua.
- Perodua is holding 40.1 percent market share of Malaysian Passenger Vehicle segment in 2017, grew by 1 percent from 2015.
- Perodua is ranked number 4 in ASEAN market in terms of sales, trailing behind popular brands such as Toyota, Honda and Mitsubisi.
