UMW Toyota aims to sell 90,000 vehicles

Friday March 14, 2008

KUALA LUMPUR: UMW Toyota Motor Sdn Bhd is targeting sales of at least 90,000 vehicles this year, managing director Kuah Kock Heng said.

“We sold more than 82,200 vehicles last year and are confident of hitting 90,000 units this year,” he said after the launch of the new Toyota Corolla Altis yesterday.

“The Malaysian Automotive Association forecast growth of 5% to 6% in total industry volume this year and we expect strong sales,” he said.

On whether the present political situation would have an impact on sales and consumer spending, Kuah said: “I do not see the local political situation having any effect on us. Demand for cars is strong and it will not deter people's decisions to buy.”

Kuah also said the group will be looking to increase its 17.1% market share this year.
For the newly launched Altis, Kuah said the group was targeting to sell at least 800 cars a month, adding that the group was already on target based on the number of bookings received thus far.

“We have already received 898 bookings since March 7,” he added.

The new Altis will be available in five variants: 1.8G Sporty, 1.8G, 1.8E Sporty, 1.8E and 1.6E. It will come in five colours.

All models will only be available in automatic transmission. The on-the-road price of the new Altis (with insurance) is RM117,900 for the 1.8G, RM109,900 for the 1.8E and RM102,900 for the 1.6E. The 1.8G and 1.8E (sporty version) are priced at RM120,250 and RM112,250 respectively.