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Perodua Expects Automotive Industry To Recover Next Year

Perodua has forecast that the Malaysian automotive industry will recover slightly next year, with the company's total industry volume (TIV) expected to reach 165,000 units.

This is close to Perodua's historic high of 167,000 units in 2008.

Perodua Sales Sdn Bhd director of sales and after sales division, Ahmad Suhaimi Mohd Anuar said, Perodua expects sales to reach 158,000 units by year end.

"We expect sales to pick up in the second half of the year driven by the demand for new cars for the festive season as well as the launch of our MPV this November," he said during the launch of "The Star Power of 9 Contest" on Thursday at the Perodua showroom here.

Suhaimi stated that the Malaysian automotive industry's performance is a lot better when compared with others in most parts of the world.

"For Perodua, we did better than the market, dropping just over seven percent in the first half of 2009.

"The Malaysian automotive industry's performance for the first six months is within our expectations. Total TIV was down nearly 11 percent to 249,000 units from the 278,000 units in the same period last year.

"We expect the TIV to contract between 10 and 12 percent this year to between 480,000 units and 490,000 units,"
Suhaimi said.



source:
bernama.com

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