Proton sales bounce back 13.6% to 12,422 units in May

TheStar Thu, Jun 06, 2024 10:38am - 5 months View Original


KUALA LUMPUR: Proton sold 12,422 vehicles in May, a 13.6% increase over sales in the previous month as auto sales rebounded from a lull during the festive holidays.

In a statement, the national carmaker said sales in the first five months of the year amounted to 62,697 units, affirming its position as the second most-purchased car brand in Malaysia with a market share of 19%.

"Following a quiet month in April where sales were affected by festive holidays, May has seen a return to positive growth as TIV has increased both year-on-year and month-on-month, reflecting the resilience of the local automotive industry.

"With the cumulative TIV until May already making up 44.6% of Malaysia Automotive Association (MAA)’s full year projection of 740,000 units, we believe there is still room for growth in the local automotive industry," said Proton Edar CEO Roslan Abdullah.

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