Statistics released by the Malaysian Automotive Association showed that ongoing computer chip shortage and the disruption of the supply chain due to the December floods had affected total industry volume numbers in January 2022.“The worst performer both month-on-month m-o-m and year-on-year is Proton which fell 68% m-o-m and -28% y-o-y, due to its vendors being affected by the floods in Shah Alam, which hampered production and left dealers short on stock.
Kenanga Research said despite the supply limitations to the industry, growth is expected y-o-y as the economy had recovered after the lockdowns. Hong Leong Investment Bank Research said Proton has a sales target of 150,000 units for 2022 which implies a growth of 30.8% from the previous year and this includes export volumes.