– A + A KUALA LUMPUR (Aug 5): MIDF Amanah Investment Bank Bhd said Perodua may outperform its internal total industry volume (TIV) target of 247,800 units this year, in light of higher production. It is understood that Perodua has tried to increase production to around 26,000 units per month in the second half of 2022, verses an average of 21,700 units per month in the first half, in order to shorten its waiting list, the research house said in a note on Friday (Aug 5). "Perodua managed to garner around 24,265 new bookings in July, equivalent to around a month of Perodua TIV, despite the expiry of the sales tax exemption since June 30 this year. "The strong July bookings signal strong sales momentum, which we think is partly driven by the recent launch of the new Alza, and broadly, a pent-up demand amid a gradually improving labour market in line with the macro recovery," MIDF said. Perodua has also secured its supply of chips for the rest of the year to achieve its record annual TIV target of 247,800 units for 2022, a 30% year-on-year rise, the house said. "Perodua is also looking at sharing resources with its… Read full this story
- Toothbrush sale at Target causes furious Twitter user to rant and call the police
- Budget 2020: Is it time for a more realistic disinvestment target?
- US STOCKS-S&P 500 crosses 3,300 on upbeat Morgan Stanley earnings, retail data
- Persimmon sales fall as reputation suffers but profits hold up
- Electric cars exceed 1m in Europe as sales soar by more than 40%
- Weekend Amazon sales: top fitness tracker prices plus cheap iPads, Xbox One, PS4, AirPods and 4K TV deals
- 'Emami Cement takeover valuation may not exceed Rs 6000 crore'
- Piramal to use proceeds of DRG sale to grow financial services biz
- Trump targets France with threat to slap tariffs on champagne, cheese and handbags
- S&P 500 crosses 3,300 on Morgan Stanley earnings, tech rally
MIDF upbeat on Perodua to exceed sales target have 306 words, post on www.theedgemarkets.com at August 6, 2022. This is cached page on Vietnam Dance. If you want remove this page, please contact us.