KUALA LUMPUR, Nov 7 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has revised its production target upwards to 338,000 units by the end of this year, supported by improved parts supply from auto vendors and healthy demand for its vehicles.
In a statement today, the compact car company said that this would also translate into a higher sales volume of 325,000 vehicles by the same period.
In January, the carmaker set a production target of 330,000 units and a sales target of 314,000 vehicles.
“This month saw our highest-ever production and sales performances, with 35,111 units made and 33,836 units registered in a single month.
“The increase in production was achieved with the available resources within the current automotive ecosystem, hinting at its growth potential for both the demand and supply sides of the industry,” said its president and chief executive officer, Datuk Sri Zainal Abidin Ahmad.
He further noted that while some issues, such as the long-term availability of semiconductor chips, persisted, Perodua was able to secure enough to ensure that its fourth-quarter performance would be the best in its history.
“If this momentum continues, then the automotive industry might be able to sustain such growth in 2024, which would further boost consumer sentiment despite the economic uncertainties next year.
“For now, we are focusing on maximising our potential in both production and sales so that our customers will receive their Perodua vehicles faster,” he added.
