Home Automotive Proton offered 12,230 items in Sept 2023, 12.4% lower – 20.5% market share; YTD up 14.1% at 116,832 items

Proton offered 12,230 items in Sept 2023, 12.4% lower – 20.5% market share; YTD up 14.1% at 116,832 items

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Proton offered 12,230 items in Sept 2023, 12.4% lower – 20.5% market share; YTD up 14.1% at 116,832 items

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Proton sold 12,230 units in Sept 2023, 12.4% decrease – 20.5% market share; YTD up 14.1% at 116,832 units

After crossing the 100,000-unit mark in August this 12 months, Proton has now introduced its gross sales outcomes for September 2023. Final month noticed the carmaker ship a complete of 12,230 items (home and export), which is 12.4% or 1,725 items lower than in August 2023.

With this, Proton’s year-to-date (YTD) tally on the finish of the third quarter of 2023 is at 116,832 items, 14.1% extra when in comparison with first 9 months of 2022. The corporate is assured that with the fourth quarter left to go, it could possibly surpass final 12 months’s 12-month complete of 141,432 items.

The carmaker additionally famous that complete business quantity (TIV) dipped beneath the 70,000-unit mark in September 2023, and regardless of the gross sales decline final month, its gross sales development nonetheless stays forward of complete business development by greater than 3.7%. In the meantime, its inner knowledge signifies its market share to be 20.5%, which is 0.7% greater than in 2022.

Proton sold 12,230 units in Sept 2023, 12.4% decrease – 20.5% market share; YTD up 14.1% at 116,832 units

On particular person fashions, Proton says the Persona ended September 2023 because the second-most standard B-segment sedan with 2,053 items offered, though it stays the YTD market chief with a complete of 18,614 items, 72.6% greater than final 12 months.

The three-row X90 was topic to a recall final month that required items on the manufacturing line to be up to date, leading to a delay in manufacturing that noticed simply 491 items delivered. Proton expects the scenario to return to regular this month and states the X90 stays the best-selling D-segment SUV with 3,435 items offered so far.

Transferring on, 2,210 items of the X50 had been delivered final month, whereas gross sales of the Exora hit 367 items. Each fashions proceed to steer their segments – B-segment SUV and C-segment MPV – with a YTD tally of 24,960 items and three,517 items respectively.

Proton sold 12,230 units in Sept 2023, 12.4% decrease – 20.5% market share; YTD up 14.1% at 116,832 units

As for the remaining fashions, the Saga is as soon as once more the corporate’s best-selling mannequin in September 2023 with 5,648 items, bringing the YTD complete to 51,484 items (26.8% enhance from 2022). The Iriz noticed 682 items delivered for a YTD complete of 6,044 items (44.8% enhance from 2022), whereas the X70’s 779 items delivered final month introduced its YTD complete to eight,778 items.

“September was a quiet month for the automotive business resulting in a downturn in gross sales in comparison with August. Many consumers are adopting a wait and see method in anticipation of the tabling of the 2024 nationwide funds on October 13 and this led to some short-term results. The general temper of the market nevertheless stays buoyant with new introductions persevering with at a document tempo,” mentioned Roslan Abdullah, CEO of Proton Edar.

“For Proton, our gross sales stay robust due to the mix of expertise and worth supplied by our fashions. For instance, the Proton X50 has been the best-selling B-segment SUV for almost three full years and with manufacturing now assembly demand, we’re capable of ship items to prospects with minimal ready time. One other instance is the Proton Persona that’s present process a gross sales restoration in 2023 and sits atop the B-segment sedan market. Such achievements will give the corporate a robust baseline going into 2024 and with updates and new mannequin introductions within the pipeline, we’re hopeful of having the ability to proceed our ascent to be amongst the main automotive manufacturers within the area,” he added.

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