Toyota Sales Dip in Malaysia Despite Overall Market Growth

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Toyota Sales Dip in Malaysia Despite Overall Market Growth
ToyotaMalaysiaSales
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Toyota maintains its position as the leading non-national car brand in Malaysia, but sales figures have declined slightly.

Toyota remains the top non-national brand in Malaysia , with distributor UMW Toyota Motor ( UMWT ) announcing it has surpassed 100,000 sales for the third year straight. However, the actual figure from 2024 has fallen 5.4% from the previous year. UMWT ’s drop in sales comes despite an increase in total industry volume (TIV), projected to crack the 800,000 unit mark for the first time.

A strong December helped the company get over the line with over 12,800 units sold, helped by the continued popularity of models like the Vios and Corolla. In its succinct press release, UMWT also reported that some 1.42 million customers returned to its after-sales network last year, which it says showcases “Toyota’s commitment to prioritising innovation, quality, and customer satisfaction.” It also promises to enter 2025 “committed to achieving excellence by ensuring the best offerings for their customers and stakeholders.

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paultan /  🏆 22. in MY

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