Business

X70 leads Proton’s sales charge

Proton-X70-SUV-5-1200x600

Syndicated News
Written by Syndicated News

KUALA LUMPUR — Feb. 1, 2019: Proton Holdings kicked off 2019 on a high note as total registrations climbed to 7,007 units for January. 

The estimated market share is 14.5 per cent, though the final figure will only be confirmed following the publication of industry sales data by the Malaysian Automotive Association.

According to Proton, following its launch on December 12, delivery of the X70 sports utility gathered pace.  Having set a Malaysian record for most registrations by an SUV in its launch month, the trend continued into  the new year with 2,777 units registered in January. 

The amount means the X70 has set a new record for the most C-segment SUV registrations in a single calendar month. The large number registered was instrumental in Proton posting impressive sales growth, said the company in a statement today. 

Compared with the previous month, sales increased by 33.6 per cent while year-on-year, the figure represented a 46.5 per cent growth, easily making Proton the market leader in growth rate for the Top 3 automotive brands.

For this month Proton is looking to maintain its sales momentum by running an Ang Pow promotion, whereby buyers are eligible for savings worth up to RM4,000 depending on the models. — Bernama 

Comments

comments

About the author

Syndicated News

Syndicated News

News sourced from Bernama, Reuters, AFP and other accredited news agencies, including credible blogsites and news portals.