[nazrey]

Proton export sales hit 98-month high
Bernama June 16, 2021 11:05 am +08

KUALA LUMPUR (June 16): Proton Holdings Bhd sold 669 units to overseas distributors in May 2021, making it the group’s best export sales month since March 2013 — a span of 98 months.

In a statement today, the national carmaker said up to the end of May, the total year-to-date (YTD) volume was at 174% of the target set and only 6% behind what was achieved for the whole of 2020.

Proton’s export sales growth has been powered by growing demand in several key markets, some new and some where Protons have been sold for decades.

For example, Pakistan is a new market for the company, but for the first five months of 2021, it was by far the best performer.

“On the other hand, Brunei, which started selling Proton vehicles in 1987, was the third biggest export market by volume this year, and in May, importers PAD Motors had the best sales month in the company’s history,” it said.

Alpha Ezz El-Arab, the importer and distributor of Proton cars in Egypt, had already received 350 units so far this year, making it Proton’s second largest export market, the automotive firm said.

International sales director Steven Xu said at the beginning of the year, Proton’s plan for 2021 was to aggressively grow its export sales volume.

https://www.theedgemarkets.com/artic...t-98month-high