Thursday, August 14, 2008

UMW To Invest In New Outlets

UMW Toyota Motor Sdn Bhd has allocated RM200mil for opening new service centres, upgrading existing outlets and setting up new dealer branches this and next year.


Managing director Kuah Kock-Heng said the outlets would be located in Ipoh, Puchong, Kajang, Rawang, Bahau, Sabah and Sarawak.
Source: The Star, 14 August 2008

“The capital expenditure is our continuous effort to further expand the coverage of Toyota products and services nationwide,’’ he said at the opening of its 2S Larkin Service Centre on Wednesday.

Present at the event were UMW Holdings Bhd chairman Tan Sri Asmat Kamaludin and UMW Toyota deputy chairman Takashi Hibi.

The RM24mil centre has a total built-up area of 6,992.25 sq m with 58 service bays, 28 body and paint bays, five washing bays, 14 reception bays and more than 230 car park bays.

Kuah said the centre serviced up to 25,414 vehicles last year and the company was targeting to service a total of 30,600 vehicles this year.

The company sold 11,136 new vehicles in Johor in 2007.

“The company is still upbeat on the sales of new Toyota vehicles in Malaysia despite globaleconomic uncertainties,’’ he said.

Kuah said the company sold 82,000 units of new vehicles in 2007 and was projecting to sell some 95,000 units of new vehicles this year.

He said the first seven months of 2008 registered 63,000 units of vehicles sold with June recorded the highest units of 10,100.

Kuah said orders received for July and August also showed the upward trend and it was likely to remain that way until end of the year.

He said Malaysians still had strong passion for cars and the new petrol retail prices announced in early June did not have much impact on the local automobile market.

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