Demand was expected to continue even after the SST takes force as cars have been regarded as a necessity by the people
KUALA LUMPUR: National car manufacturer Proton Holdings Bhd recorded sales of 8,102 cars in July, the highest in the last 30 months, spurred by the zero-rated Good and Services Tax (GST) from June to August, with the Saga being the top seller.
Proton said on Thursday the sales in July had increased by 31% from June. It increased its market share from 9.6% in June to 11.7% of total industry volume (TIV). It also resumed its export sales with 517 cars shipped.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
