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Friday, August 04, 2006
  UMW Toyota hopes to meet sales target
TEAMCAR - UMW Toyota Motor Sdn Bhd, a 51 per cent subsidiary of UMW Holdings Bhd, hopes it can meet its sales target of 100,000 cars this year despite depressed market conditions.

UMW Toyota managing director David Chen, however, still harbours hope of achieving the target, after sales had increased 7 per cent to 42,000 units from January to June this year, amid a shrinking car market.The market is going to be stagnant for the next six months. That's what the industry is saying. (But) we will continue to give our best.

UMW Toyota's performance helps Toyota to remain the country's number one non-national marque, way ahead of Honda with sales of 13,322 units and Nissan (third-place) with 12,878 units, according to the Malaysian Automotive Association data.

Toyota's total sales of 42,002 units allow the Japanese make to capture a 16.9 per cent share of the total industry volume, against Honda's 5.4 per cent and Nissan's 5.2 per cent.

Chen said Toyota Avanza and Vios were the main drivers.Other Toyota models sold by the company are Corolla Altis, Innova, Camry, Yaris, Wish and RAV4.

UMW Toyota plans to launch a new Toyota Camry large sedan by the end of the year and mulls introducing the Toyota Prius hybrid car in the near future.
 
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