Business

Proton’s YTD sales exceed last year’s total by 10.4%

Carmaker confident of meeting 150,000 target in 2022

Updated 3 years ago · Published on 06 Dec 2022 12:11PM

Proton’s YTD sales exceed last year’s total by 10.4%
Proton Holdings Bhd has sold 126,682 units year-to-date surpassing last year’s 114,708 figure by 10.4%. – Bernama pic, December 6, 2022

KUALA LUMPUR – Proton Holdings Bhd has sold 126,682 units year-to-date surpassing last year’s 114,708 figure by 10.4%.

However, deputy chief executive officer Roslan Abdullah said November was an eventful sales month for Proton as the carmaker experienced some temporary supply issues, resulting in its sales declining by 13.1% to 11,316 units compared to October.

“We are confident of rectifying this in December and remain positive about ending 2022 with a fourth consecutive year of sales growth,” he said in a statement today.

The carmaker had set a sales target of 150,000 vehicles for 2022.

Meanwhile, with new models in the pipeline for 2023, Proton hopes to be able to increase its contribution to Malaysia’s economy by making more local investments, selling more vehicles, and further growing its export markets, said Roslan.

Recently, the carmaker celebrated the production of its 10,000th 1.5 turbo gasoline direct injection engine at the new Tanjung Malim engine assembly line on December 1. 

The milestone was achieved just seven months after the first unit rolled off the line in April this year.

“Proton’s new engine line is a testimony to our workers’ grit and determination in overcoming obstacles and achieving our goals.

“In 2023 we are targeting an output of 60,000 engines, which will be used across several Proton models,” said Proton chief executive Li Chunrong. – Bernama, December 6, 2022

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