PROTON Holdings Bhd said there were early signs of recovery as it sold 5,676 vehicles, an improvement of 73.2 per cent compared with March 2020, despite the need to comply with the standard operating procedures of the Conditional Movement Control Order (CMCO).
Automotive companies restarted operations under the CMCO and the industry in Malaysia took its first tentative steps down the road to recovery in May with nearly a full month of sales in the books.
"In May 2020, PROTON sold 5,676 vehicles, accounting for an estimated market share of 23.3 per cent. During the same month in 2019, the company sold 10,611 units marking a difference of 46.5 per cent and a reflection of the challenging market conditions arising from the COVID-19 pandemic," said PROTON.
The 5,676 units in May is an improvement nevertheless, it said in a statement.
"The MCO and CMCO were an unprecedented event in Malaysia's history and affected every aspect of the national economy. The automotive industry is now moving towards recovery but as expected, the first month has been a period of adjustment as we adapt to the 'new normal' regarding all aspects of our operations," PROTON's Chief Executive Officer Dr Li Chunrong said.
It will take a few more months to get an accurate reading of market conditions but PROTON is quite confident from this point onwards, it will see steady growth for the rest of the year, he said.
Year-To-Date (YTD) PROTON's volume reduced by 23.3 per cent for the first five months of the year while Total-Industry-Volume (TIV) is estimated to have shrunk by 48.7 per cent over the same time period.
In terms of market positioning and market share, PROTON remains as the second most popular car brand in Malaysia with a YTD market share of 21.1 per cent, which is in-line with targets set for the year.
PROTON's performance in May was the direct result of four models being the best-sellers in their respective market segments., it said, adding that, the Proton X70 retains its position as the best-selling C-segment SUV in the country, and cumulatively for 2020, it is also the best-selling SUV overall.
Assembled on a new production line in Tanjung Malim, it received a product update in May, an N95 cabin filter, as part of its Proton-Intelligent Air Purifier System (P-IAPS). The new part is also offered to current Proton X70 owners as a replacement for their dust and pollen filter, said PROTON.
There was more success for PROTON when the venerable Proton Saga achieved the accolade of best-selling car in Malaysia for May. It is the first time the updated 2019 model has managed the feat and also means it was the most popular A-segment sedan in the country last month.
Other Proton models also performed very well with the Proton Persona being the best-seller in the B-segment sedan category while the Proton Exora remained in its customary position at the top of the C-segment MPV market.
For the month of June, PROTON will continue to offer better value to entice car buyers. Purchasers of the Proton X70 will be eligible for zero per cent financing for the first year, subject to a set of terms and conditions.
-- BERNAMA
Bernama
Wed Jun 03 2020
In terms of market positioning and market share, PROTON remains as the second most popular car brand in Malaysia with a YTD market share of 21.1 per cent.
Penjawat awam perlu amal kecepatan dan kepesatan dalam pelaksanaan tugas - PM Anwar
Penjawat awam digesa untuk sentiasa mengamalkan kecepatan dan kepesatan dalam pelaksanaan tugas supaya dasar-dasar kerajaan dapat dilaksanakan dengan pantas.
Kerajaan kekal komited laksana dwirangkaian 5G, DNB penuhi syarat terdahulu - Gobind
Kerajaan semakin hampir untuk melaksanakan dwirangkaian 5G selepas pengumuman Ahli Lembaga Pengarah baharu Digital Nasional Bhd (DNB).
Kos SUKMA Sarawak dianggar hampir RM300 juta
Kos penganjuran Sukan Malaysia (SUKMA) Sarawak tahun ini dianggarkan hampir RM300 juta, antaranya meliputi kerja-kerja menaik taraf venue sukan serta perbelanjaan keperluan logistik.
Break The Siege: Misi flotila ke Gaza belayar esok
Syaff Shukri membawakan perkembangan terkini misi pelayaran Break The Siege: Freedom Flotilla to Gaza yang dijadualkan esok.
#AWANI745
#AWANI745
Peruntukan Pembangkang: Terpulang untuk Muhyiddin kata apa - TPM Fadillah
Terpulang kepada pihak pembangkang untuk mempersoalkan keikhlasan Kerajaan berhubung draf perjanjian persefahaman (MoU) peruntukan pembangkang, kata Timbalan Perdana Menteri Datuk Seri Fadillah Yusof.
Ketua Whip Kerajaan Perpaduan itu berkata, beliau enggan melayani sindiran bekas Perdana Menteri yang juga Pengerusi Perikatan Nasional, Tan Sri Muhyiddin Yassin tentang isu tersebut.
#AWANI745
Ketua Whip Kerajaan Perpaduan itu berkata, beliau enggan melayani sindiran bekas Perdana Menteri yang juga Pengerusi Perikatan Nasional, Tan Sri Muhyiddin Yassin tentang isu tersebut.
#AWANI745
Pelantikan ahli lembaga baharu DNB kemajuan penting dalam penyusunan semula rangkaian 5G - Gobind
Gobind berkata perkembangan terkini itu merupakan satu langkah penting ke arah memenuhi komitmen kerajaan terhadap pelaksanaan dasar 5G dwi rangkaian.
SSPA terbaik pernah diperkenalkan kerajaan - PM Anwar
Kerajaan memberi jaminan Sistem Saraan Perkhidmatan Awam (SSPA) yang bakal diumumkan dalam tempoh terdekat, sebagai antara yang terbaik pernah diperkenalkan, kata Perdana Menteri Datuk Seri Anwar Ibrahim.
Namun, katanya lagi, langkah itu bakal membabitkan implikasi kewangan yang tertinggi berbanding yang pernah dilakukan sebelum ini.
#AWANI745
Namun, katanya lagi, langkah itu bakal membabitkan implikasi kewangan yang tertinggi berbanding yang pernah dilakukan sebelum ini.
#AWANI745
KESUMA tawar lebih 3,000 pekerjaan industri hijau dengan gaji RM3,000 hingga RM16,000
Kementerian Sumber Manusia menawarkan lebih 3,000 peluang pekerjaan dalam industri hijau menerusi Karnival Kemahiran dan Kerjaya Hijau KESUMA 2024.
Kanak-kanak maut jatuh kondominium ketika ibu keluar ambil kakak di sekolah
Mangsa dipercayai telah membuka pintu koridor rumah yang tidak berkunci dan memanjat dinding koridor hingga terjatuh ke bawah.
ANCC2024: Astro, NACSA bekerjasama anjur 'coding challenge'
ANCC2024 membuka peluang kepada pelajar daripada institusi awam dan swasta untuk mengambil bahagian dalam mencipta penyelesaian inovatif bagi memerangi ancaman dalam talian.
Tawaran kadar istimewa kompaun lama DBKL tidak berjaya - Menteri Wilayah
Menteri Wilayah, Khalid Abdul Samad menyifatkan pemberian kadar istimewa bagi kompaun lama Dewan Bandaraya Kuala Lumpur (DBKL) yang berakhir 30 September lalu tidak berjaya mencapai sasarannya.