Malaysia’s second national car company Perodua expected to sell at least 240,000 vehicles in 2022, up 20% on the 200,000 units it forecast to sell this year, according to CEO Datuk Zainal Abidin Ahmad.

Datuk Ahmad said he expected the domestic vehicle market to peak in the first six months of 2022, as buyers take advantage of the government’s sales and service tax (SST) exemption which is due to expire at the end of June 2022, before slowing in the second half of the year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Datuk Ahnad said at the launch of the new Myvi small car: “We believe the worst is behind us in terms of Covid-19 related lockdowns and while there are other risks in the market, we see 2022 as a year of recovery.”

The company sold 167,250 vehicles in the first 11 months of 2021, down 14% on the previous year’s 194,980 units, with sales affected by lockdowns earlier in the year.

November sales were down 27% at 20,299 units, due mainly to the Myvi new model changeover.

Meanwhile, the country’s first national car company Proton Holdings said its global sales increased by over 4% to 100,566 units in the first nine months of 2021.