Perodua's Q3 2022 quarter-on-quarter sales performance up 5% as supply chain improves, 69,011 units sold

Perodua's 3Q22 sales was up by 5% to 69,011 units as compared with 65,719 units registered in the second quarter of 2022 as the automotive supply chain continues to improve.

“The increase in registration in this quarter (3Q22), shows that most of the major issues within the automotive supply chain has normalised. It is now time to further improve on production as we need to reduce the waiting period for our valued customers,” Perodua President and Chief Executive Officer Dato’ Sri Zainal Abidin Ahmad said.

On a quarter-to-quarter comparison, vehicle registration jumped by 216.5% as a lockdown was imposed between June and mid-August last year on nearly all economic activities in the country to curb the increase in Covid-19 cases.

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Between July and September 2021, Perodua only sold 21,803 units. On a year-to-date comparison, sales rose by 64.9% to 196,354 units from January to September 2022 when compared with 119,093 units sold in the same period last year.

While a month-on-month comparison, registration of Perodua vehicles cooled down slightly by 5.43% to 24,626 units in September from 26,039 units registered in August 2022 as part of the compact car company’s vehicle registration maximisation plan in the fourth quarter of this year.

Also Read: Perodua collected 24,265 bookings in July 2022, 9,000 for the all-new Perodua Alza

“For now, we are focused on increasing our momentum into the fourth quarter of this year as well as maximising production in the first quarter of next year to ensure all our customers who booked their Perodua vehicles during the sales tax exemption period will receive their car on or before 31 March 2023,” Dato’ Sri Zainal said.

As of 30 June 2022, the number of outstanding bookings eligible for the sales tax exemption was above 200,000 orders.

On production, Perodua achieved its highest monthly production so far this year of 29,077 units in September, while year-to-date (January to September 2022) numbers stood at 206,837 units.

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