UMW Toyota Malaysia exceeds 2020 car sales target to reach 59,320 units in 2020

Reported on January 7, 2021, Malaysia UMW Holdings Bhd has exceeded its vehicle sales targets in 2020 following strong sales achieved by both UMW Toyota Motor Sdn Bhd (UMWT) and its 38% associated company, Perodua. UMW Holdings pointed the demand recovery in H2/2020 was driven by the government’s sales tax exemption ....

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