What drove March 2023 to hit 2,934 disbursements at a peak?

Question

Accepted Answer

March 2023 Loan Disbursements Reached a Record High Due to a Surge in Bookings from a Government Incentive Scheme

March 2023 marked an all-time peak for Proton Commerce Sdn Bhd, with 2,934 loan disbursements. This significant surge was primarily driven by a rush to fulfil vehicle bookings that were made during the National Economic Recovery Plan (Penjana) incentive period.
National Economic Recovery Plan Incentives

The Penjana incentive period, implemented to stimulate the economy, likely offered attractive terms or subsidies for vehicle purchases. This led to a substantial increase in customer bookings for Proton vehicles within a specific timeframe. The need to process and deliver these accumulated bookings created a concentrated demand for financing in March 2023.
Proton Commerce's Established Role

As the financing arm of Proton, Proton Commerce plays a direct role in facilitating these sales. Its performance is closely tied to Proton's overall sales figures and the broader economic conditions influencing vehicle acquisition. The company's ability to handle such a high volume in March 2023 reflects its operational capacity to manage the financing needs arising from incentive-driven sales periods.

Reading history

Hide →

This history is cleared when the page is closed.

What drove March 2023 to hit 2,934 disbursements at a peak?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends