Tan Chong expects Grand Livina to drive sales (4405)

KUALA LUMPUR: Tan Chong Motors Holdings Bhd's unit Edaran Tan Chong Motor Sdn Bhd (ETCM)is optimistic the market share for Nissan cars will recover to 5.6% from 5.3% in the first five months of the year.
Executive director, Datuk Dr Ang Bon Beng, said on Monday ETCM was on track to outpace the total industry volume (TIV) 2012's estimated growth of 2.5% for Nissan sales.
"In
the first five months, we dropped 0.3% compared with 5.6% last year.
So, we are going to recover this market share in the next two quarters.
"There's
a surge in the whole market after June and July, so we are maintaining
our challenge to grow more than the estimated 2.5% for Nissan sales,"
he said after introducing the first four Nissan Leaf ambassadors for
its electric vehicle (EV) pilot project.
Ang, who was optimistic
to see better earnings in second half of this year as the company has
recovered from supply chain constraints, said multi-purpose vehicle,
Nissan Grand Livina, which accounted for almost 40% of its market
share, would continue to take the front seat for ETCM's sales this year.
"This,
coupled with new models to be launched in the second half, will
contribute to the expected surge in the company's sales volume after Tan Chong's lacklustre performance in the first quarter of the year.
Meanwhile,
And said, the Nissan Leaf, which was expected to be launched next year,
would see the public experiencing the electric vehicle (EV) for a
certain time period.
The car received tremendous response since it was introduced in May via the EV pilot project, "Journey to Zero Emission".
Today,
the first batch of four Nissan Leaf ambassadors who were selected out
of 800 applicants drove away the EVs to use them for six weeks.
They
will share their daily experiences with friends and the public via
different media such as video clips, write-ups as well as to provide
valuable feedback to ECTM on the performance of Leaf in local
conditions. - Bernama