the sun malaysia ipaper logo 150x150
Monday, June 22, 2026
22.1 C
Malaysia
the sun malaysia ipaper logo 150x150

Proton ends 2023 with fifth year of growth, sales best since 2012

KUALA LUMPUR: National carmaker Proton achieved its fifth consecutive year of sales growth in 2023 with total sales (domestic and export) of 154,611 units, its strongest performance since 2012.

This represented a 9.3% increase over the 141,432 units sold in 2022, the company said in a statement today.

Proton calculated its market share in 2023 to be 19.4% based on the projected total industry volume of 794,948 units for the year, up 10.3% from 2022.

With December sales reaching 12,711 units, the company said it also finished the year ranked second in overall sales, which is also the fifth year in a row it has maintained its position.

Proton finished the year ranked second in overall sales, continuing a five-year trend of maintaining its position in the rankings.

CEO Li Chunrong said the automotive industry set another record in 2023 when overall sales increased by 10.3% above the previous volume high reached just a year before.

“Factors such as the fulfilment of orders for tax-free cars up till the end of March no doubt fuelled the volume increase in the first quarter of the year, but it was also an active year for car launches with minimal disruptions caused by parts shortages,” he said.

The launch of Proton’s three-model sport utility vehicle (SUV) model lineup consisting of the Proton X50, Proton X70 and Proton X90 has added more than 200,000 units to total sales since December 2018, but it was the rebound in demand for the “PIES” models (Persona, Iriz, Exora and Saga) that powered sales growth in 2023

The Proton Saga started and ended the year as the best-selling Proton model, notching an impressive 70,184 units sold, its best performance since 2012, and positioning it as the fourth best-selling vehicle in Malaysia for 2023.

Volume growth was a remarkable 25.6% for the year, consisting mainly of first-time car buyers.

The biggest gainer in Proton’s model lineup was the Proton Persona.

After suffering severe delays due to chip shortages in 2022, sales for the B-segment sedan rebounded by 48.9% to 24,362 units, placing the model second in its class.

In its final year of production, the Proton Exora signed off with a sales increase of 4.6%, ending the year with 4,473 units sold and showing that demand amongst target market buyers remains strong.

To date, over 194,000 units have been sold, making it the most successful C-segment multi-purpose vehicle (MPV) in Malaysia’s automotive history.

The Proton X50 remains strong, with 31,829 units sold in Malaysia and export markets in 2023.

As for the Proton S70, Proton said that client deliveries are scheduled to start in 2024 and with over 5,000 reservations made thus far, it is anticipated that the model will make a significant contribution to sales figures this year. – Bernama

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

The Third International Summit of Religious Leaders in Kuala Lumpur Calls for Youth Empowerment

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 22 June 2026 - The Third International Summit of Religious Leaders 2026 concluded in Kuala Lumpur with the participation of His Excellency Sheikh Dr. Mohammed bin Abdulkarim Al-Issa, Secretary-General of the Muslim World League and Chairman of the Organization of Muslim Scholars.

UnionPay showcases innovations with 15 ecosystem partners at 2026 China International Financial Exhibition

UnionPay joined 15 ecosystem partners at the 2026 China International Financial Exhibition to showcase advances in global payments, cross-border QR interoperability, artificial intelligence, digital finance, and consumer growth solutions, highlighting its expanding international network and open fintech innovation ecosystem.

Ex-justice minister gets 25 years for S. Korea martial law role

A court sentenced ex-justice minister Park Sung-jae to 25 years for his role in Yoon Suk Yeol's 2024 martial law declaration.

Focus Graphite announces SEDAR+ filing of the NI 43-101 technical report with the updated...

Focus Graphite has filed an updated NI 43-101 technical report for its Lac Tetepisca Project in Quebec, outlining one of the world's largest identified graphite deposits with 120.2 million tonnes of indicated resources and significant expansion potential to support future battery-material supply chains.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings