Lockdown Impacts Vehicle Sales In July; Healthy Orderbook And Resumption Of Operations To Drive Sales Of UMW Group In August

KUALA LUMPUR, Aug 23 (Bernama) — The domestic automotive sector has been adversely impacted by the Full Movement Control Order 3.0 (“FMCO”), which began on 1 June 2021.  The Malaysian Automotive Association (“MAA”) recently announced that only 7,086 units were registered for the month of July 2021, predominantly in Sabah and Sarawak, where showrooms have been allowed to operate as the two states were placed under Phase Two of the National Recovery Plan (“NRP”).  UMW Toyota Motor (“UMWT”) delivered 1,450 vehicles while Perodua sold 655 units.  Nonetheless, automotive sales is expected to gradually recover in August as showrooms and automotive assembly plants have been allowed to resume operations from 16 August 2021 following the easing of FMCO restrictions.

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