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Home » Malaysia’s Proton car sales rise 23.3 pct on year in 2022

Malaysia’s Proton car sales rise 23.3 pct on year in 2022

by Bhaskor Maity
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Malaysian car maker Proton announced Wednesday that its total vehicle sales in 2022 climbed 23.3 percent year on year to 141,432 units.

Proton said in a statement the company ended 2022 with a fourth consecutive year of sales growth to push overall sales to their highest total since 2013.

The company closed its books with 141,432 units sold (domestic and export) after recording 14,750 units in December, its fourth best monthly performance for the year.

It said the company achieved higher car sales despite a tough start to the year when a combination of flood-affected parts vendors and an acute shortage in the global chip industry depressed volumes for the first four months.

Sales volume for international markets increased 79.1 percent year on year to 5,406 and allowed the firm to comfortably end the year of 2022 as the industry’s leading exporter.

The growth was powered by increasing consistency in the shipping industry, growth in key markets such as Pakistan and the addition of South Africa to the list of export markets.

Overall, the company has retained its second ranking in the automotive sales table with an estimated market share of 19.6 percent.

According to Proton, its total industry volume for 2022 is estimated to have closed at over 720,000 units, a new industry high, on the back of a record-setting December.

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