Perodua to ramp up 2023 production to fill backorders and meet increased demand

It looks like Perodua will be ramping up its production this year to cope with deliveries of outstanding orders as well as continued demand for its vehicles in 2023.

"This year provides a golden opportunity for us as consumers still have confidence in the automotive market. In fact, more than half of our targeted volume is from bookings we collected last year but have yet to deliver, said Perodua President and Chief Executive Officer Dato' Sri Zainal Abidin Ahmad.

Perodua's regular annual production capacity is at 320,000 units on a two-shift cycle, but Zainal is confident that they can increase their volume by improving productivity and by instituting overtime.

Perodua is looking to maximise its production to 330,000 units and sales to 314,000 units this year. They plan to help this along by earmarking RM10 billion worth of purchasing in parts from local suppliers to meet its 2023 target.

The production and sales targets are 14.2% and 11.3% higher than Perodua's 2022 289,054 production and 282,019 sales performance figures, respectively.

Dato Sri Zainal also said that he believes that total industry volume can go beyond 2022's 650k TIV,  announced by MAA recently. He believes this despite the many cost pressures facing the industry.