Australia Best Selling Cars ranking up to October 2023 is lead by the  Toyota Hilux (-8.4%) followed by the Ford Ranger (+30.6%). Tesla Model Y jumps 39 spots into 6th.

Considering data up to August 2023 the Australian Best-Selling Car is still the Toyota Hilux with 50,067 sales (-8.4%), followed by the Ford Ranger, with 49,288 new registrations (+30.6%).

In third place ranks the MG ZS -up 7 spots- with 25,689 sales (+57.0%), followed by the Toyota RAV4 -down 1 spot- at 24,986 units sold (-17.7%) and the Isuzu D-MAx -up 1 spot- with 24,677 new registrations (+16.4%). 

The Tesla Model Y rises 39 spots into 6th, reporting 24,267 sales, a 275.5% year-on-year growth.

Behind ranks the Mitsubishi Outlander in 7th with 20,000 sales (+28.0%) followed by the Mazda CX-5 with 19,404 (-17.3%), the Hyundai i30 with 18,013 units sold (-3.5%) and the Hyundai Tucson -up 3 spots- in 10th with 17,935 sales (+23.7%). 

Tables with sales figures

In the tables below we report sales for top 50 models.

Thailand Vehicles Market in October 2023 grows 7.4% with 48,314 new registrations. YTD figures at 566,166 are up 4.0% from the prior year. BYD rises 23 spots into the Top 10.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Groups and top 10 Models.

Market Trend and Outlook

The Chinese economy is on track to meet the government’s 2023 growth target, reflecting a strong post-COVID recovery. Real GDP is projected to grow by 5.4 percent in 2023 and slow to 4.6 percent in 2024 amid continued weakness in the property sector and subdued external demand.

China’s credit-fueled growth in recent years was accompanied by widening imbalances and rising vulnerabilities. Excessively high household savings were used to finance infrastructure and residential investment with diminishing returns, resulting in elevated debt levels.

The Chinese auto market has shown signs of slower growth in 2023, with YTD figures at 17.80 million down 2.3% from the previous year. In October 2023 sales grew 9.7% after falling for 4 consecutive months, reporting 2.08 million new sales.

Looking at cumulative data up to October 2023, brand-wise the Chinese EV manufacturer BYD becomes the leader for the first time with 2.04 million sales (+52.6%), followed by the Volkswagen -down 1 spot- in 2nd at 1.77 million (-6.3%).

Toyota falls 1 spot into 3rd with 1.42 million sales  (-6.8%), followed by Honda with 959,669 registrations (-18.2%), Changan with 932,498 sales (+7.4%) and Geely with 794,676 units sold (+8.2%).

In 7th place ranks BMW with 651,207 sales (+4.4%), followed by Mercedes -up 1 spot– with 614,016 (+0.2%), Audi -up 4 spots- with 575,192 (+8.7%) and Wuling closing the Top 10 with 544,021 sales (-9.2%).

Best selling models in China are the BYD Qin PLUS in 1st -up 6 spots- with 355,017 sales (+36.7%) and the Tesla Model Y in 2nd -up 3 spots- with 346,462 cumulative units sold (+20.9%).

Medium-Term Market Trend

The Chinese vehicle market is the largest in the world and in the last decade it has maintained an overall positive trend. Starting from 14.0 million sales in 2011 the Chinese light vehicle market grew 7 years in a row reaching an all time high in 2017 with 25.6 million registrations. The following 2 years were both negative taking the market sales to 22.5 million in 2019.

The arrival of the pandemic in 2020 blocked the world economy making demand for cars fall world wide. The Chinese market stood its ground dropping only 5.9%, a smaller fall compared to 2019 (-7.6%), taking sales down to 21.2 million.

Post-covid the Chinese vehicle market recovered immediately with sales rising 4.0% in 2021 and 1.0% in 2022. Despite the overall trend in 2022 being positive, the last 3 months all reported losses, a negative trend that will probably continue into 2023.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

Market Trend and Outlook

Pakistan’s economy slowed sharply in FY23 with real GDP estimated to have contracted by 0.6%. According to the World Bank’s latest Pakistan Development Update: Restoring Fiscal Sustainability, released on October 3rd 2023, the decline in economic activity reflects the cumulation of domestic and external shocks including the floods of 2022, government restrictions on imports and capital flows, domestic political uncertainty, surging world commodity prices, and tighter global financing.

In particular the continuous floods started in June of 2022 have affected many live in Pakistan, causing more than 1500 death, over 12,000 injuries and displacing around 33 million people. The heavy rain also destroyed many cars both on the road and in dealerships, inducing a collapse in the countries vehicle industry.

The Pakistani Vehicle Market, in fact, hasn’t yet recovered, with sales in October 2023 continuing to fall, posting the 16th consecutive monthly loss with 6,121 new registrations (-54.0%). YTD figures at 69,481 are down 63.4% from the prior year.

Looking at cumulative data up to October 2023 brand-wise, the leader is Suzuki, in 1st with 31,749 sales (-68.9%), in front of Toyota at 18,355 (-62.3%), Honda  with 8,745 new registrations (-67.6%) and Hyundai with 7,752 units sold (-34.5%).

Haval rises into 5th with 2,179 sales, Chery follows in 6th with 562 new registrations and BAIC in 7th with 139 units sold (-62.2%).

Looking at specific models the Suzuki Alto is the best seller with an 67.2% year-on-year loss in volume, followed by the Toyota Corolla down 69.7%.

Medium-Term Market Trend

Pakistani automotive industry is closed to import by the huge duties imposed by the government. The industry is so deputy to a small group of foreign (Japanese) companies which have invested years ago to produce locally, which offer dated models at huge (for the local purchase power) price.

Consumers have very limited choice as model, specification, negotiation.

The most of people prefer to purchase a motorcycle instead of car for personal use and the car industry is very small compared to the population living in the country.

Anyhow, the light vehicles market was growing up until the 2019 introduction of additional duties, with the all-time record established in the 2018 at 264K.

In 2019 the market fell down for increased prices correlated with increased taxes and in 2020 collapsed again for the effect of covid restrictions, hitting the lowest level in the last 15 years.

Despite surging 89.4% in 2021, the market took a substantial hit in 2022. In June of 2022 Pakistan started to experienced heavy floods that destroyed the country and induced the automotive industry to collapse. In fact, the last 6 months of the year reported losses, with total sales reaching 231,248 by the end of 2022 (-4.8%).

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

Market Trend and Outlook

The Japanese Auto Market in October 2023 grows for the 14th month in a row, with new sales reaching 214,235 (+15.4%). YTD figures at 2.22 million are up 20.4% from the previous year.

Looking at cumulative data up to October 2023, brand-wise Toyota maintains 1st with 1.16 million sales (+33.0%), followed by Nissan at 218,223 (-1.2%), Honda at 212,163 registrations (+6.1%), Mazda at 119,019 (+9.6%), Suzuki with 101,158 sales (+22.9%), Lexus at 82,738 (+132.9%) and Subaru with 70,816 new registrations (+5.4%).

Mercedes ranks in 8th with 41,193 sales (+3.4%), in front of Mitsubishi with 39,582 sales (-6.4%) and BMW closing the Top 10 with 27,684 new car registrations (+10.9%).

Looking at specific models the Honda N-Box is the best seller with a 13.5% increase in year-on-year sales, followed by the Toyota Yaris which is up 13.0%.

Medium-Term Market Trend

The Japanese auto-market in the last decade hasn’t performed amazingly. With its last great rise in 2012 (+26%), sales have remained between the 5 and 5.5 million range until 2019 with the peak reached in 2014.

With the global pandemic in 2020 the entire world economy slowed down drastically, stores and manufactures closing down and most economies taking a beating. The Japanese auto market was no exception falling 12.5% and bringing sales to the mid 4 million range. Although the Japanese market did drop compared to other economies it stood its ground relatively well.

In the last few years the Japanese auto market hasn’t recovered from the fall in 2020. External factors are to blame for this fall in demand for automotives: firstly the lack of raw materials has lead car manufacturers to raise prices and waiting times for cars; another reason is that more and more manufacturers are pushing towards electric that on average costs much more than a diesel or petrol car. This being said despite the terrible performance in 2022, the Japanese market still maintains one of the largest auto markets in the world.

With 2023 starting off strong, this might be the year in which the Japanese Market finally starts to revoker from the covid driven collapse in 2020.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

Excel Dataset

We purchase new vehicles registrations for 159 countries worldwide – included this one – from the local official authorities and receive a monthly file with raw data by country.

You can have access to this service:

• Data by Year/Month/Brand/Model/Segment
• Historical data (from 2010 to last month) and/or to monthly sales update.
• Next Year’s Forecast
• Data is released in excel via mail or cloud.

Last 2 years dataset cost €3.000. 

The service cost is correlated with the data perimeter and you will have a customized quotation just contacting us at info@focus2move.com

Market Report

The report provides a comprehensive and complete overview of the market competitive environment including information on the sales volumes of cars and light commercial vehicles, market size, market share, and industry trends.

Through our comprehensive global sales database and the expertise of seasoned consultants in this field, we can help you gain further insight into the automotive market trends and base your business decisions on actionable data.

Table of contents

• Country Overview
  • Geography
  • History
  • People & Politics
• Economic Outlook
  • Economy
  • Infrastructure
• Market Outlook
  • Market Heritage
  • Car Passenger’s segmentation
  • LCVs segmentation
  • Car Passengers Body Type mix
  • LCVs Body Type mix
  • Premium segment share
  • Chinese OEMs share
• Key Players
  • Top selling Groups 2022
  • Top selling Brands 2022
  • Premium Brands
  • Chinese Brands
• Market Data By Model
  • Top selling Models 2022
  • Top models by segment and body type
• Key Factors for market Evolution
  • Country development
  • Economic Outlook
  • Customer base evolution
  • Low-Carbon Transition Policy
  • Infrastructure & Investments
• 2023-2028 Volume Forecast
  • TIV evolution by segment
  • Cars and LCVs forecast
  • Segments forecast
  • Premium segment share forecast
  • Chinese OEMs share forecast
  • Forecast by Manufacturer

Price for market research: €2,500

Price for market research + Last 2 Years dataset in excel: €4,000

For further inquiries contact us at info@focus2move.com

Argentina Auto Sales in October 2023 grow for the 16th consecutive month, with 39,648 new registrations and a 42.3% year-on-year increase in sales. YTD figures reach 368,191 up 16.7% from the prior year.

Market Trend and Outlook

The Argentinian Vehicle Market in October 2023 grows for the 16th consecutive month, reporting 39,648 new registrations and a 42.3% year-on-year increase in sales. YTD figures reach 368,191 up 16.7% from the prior year.

Looking at cumulative data up to October 2023 brand-wise, the leader is Toyota with   80,921 sales (+17.7%), followed by Fiat at 50,137 (+7.2%), in front of Volkswagen with 47,335 light vehicle registrations (+22.3%).

Renault maintains 4th position with 43,353 sales (+26.6%) followed by Peugeot  at 37,605 (+31.0%), Ford with 31,730 (+49.5%) and Chevrolet -down 1 spot- with 27,128 new light vehicle sales (+12.3%).

Nissan maintains 8th position with 16,303 sales (+38.0%), in front of Citroen in 9th with 10,459 (-4.9%) and Jeep closing the Top 10 with 7,809 sales (+1.1%).

Looking at specific models the Fiat Cronos remains the best seller with an 34.5% increase in year-on-year sales. In second ranks the Peugeot 208 which grew 65.2% in yearly volume.

Medium-Term Market Trend

The Argentinian light vehicle market had many ups and downs in the last decade, rising to 917,777 sales in 2013 and collapsing 25.4% in the following year to 684,459 new registrations. Sales fell to 633,740 in 2015 and began to recover up to 863,556 in 2017. 2018 and 2019 both reported losses with the later falling 42.9% reaching the lowest of the past decade at 438,590.

The arrival of the pandemic in 2020 worsened the situation causing the market to fall another 30.7% to 303,793.

Post-covid the Argentinian light vehicle market is showing signs of recovery with 2021 ending at 355,793 sales (+17.1%) and 2022 totaling 392,533 sales, a 6.5% growth from the prior year. The momentum gained in the second half of 2022 continues into 2023, with the first months of the year reporting strong growth.

Despite the great performance in the last few years, there are a few factors that  will put negative pressure on the market throughout 2023: the disruption in the global supply chain caused by a lack of raw materials, in particular for the production of microchips and the Governments push towards Evs. This last point isn’t as important now as it will be in the future, considering that currently only 0.45% of market share in South America belongs to BEVs.

Tables with sales figures

In the tables below we report sales for top 10 Brands, top 10 Manufacturers Group.

Market Trend and Outlook

The National Development Council (NDC) stated on the 16th of October that its most recent forecasts show Taiwan’s gross domestic product (GDP) growing by about 1.5 percent in 2023 amid improvements for the export-oriented manufacturing sector. This forecast is consistent with data from the second and third quarter of 2023, showing that the economy grew 1.7% and 2.1% respectively.

Interestingly enough the rebound reported in Q2, following two consecutive quarters of GDP contraction, was driven by private consumption , which increased 12.1% (y/y). This  figure is consistent with the year-on-year growth of YTD sales in the Taiwanese Vehicle Market. In September 2023 it grows for the 8th month in a row after a -18.9% in January, with new sales reaching 37,079 (+3.5%). YTD figures at 350,893 are up 12.8% from the prior year.

Looking at cumulative data up to September 2023 brand-wise, the leader remains Toyota with 91,952 sales (-0.4%), far in front of Lexus -up 5 spots- with just 24,094 sales (+67.3%).

Honda falls 1 spot 3rd with 20,516 sales (+0.7%), followed by Mercedes at 18,182 sales (+7.1%), Ford at 17,405 (-3.9%), Hyundai -up 4 spots- at 16,965 registrations (+46.1%) and Nissan -down 3 spots- in 7th with 16,189 sales (-6.9%).

CMC falls 3 spots into 8th with 14,374 sales (-15.3%), in front of Tesla at 14,342 (-105.3%) and BMW closing the Top 10 with 14,000 sales (+4.8%).

Looking at specific models the Toyota Corolla Cross is the best seller despite a 7.0% loss from the previous year, followed by the Toyota Town Ace up 81.9% and 8 spots in the rankings.

Medium-Term Market Trend

The Taiwanese market has presented an overall growth in recent years, rising from 327,615 sales in 2010 to 438,145 in 2019. Despite the overall increase in demand between 2010 and 2019 , there have been some minor losses: -1.6% in 2012, -0.5% in 2015 and -3.0% in 2018.

In 2020 the Taiwanese Government was able to contain the Covid-19 virus through effective quarantines and avoid extreme measures like the lockdown. Mainly for these reasons the light vehicles market reached the current all-time high of 454,783 sales (+3.8).

Demand for light vehicles fell 1.1% in 2021 and in 2022 dropped even further (-4.0%). A combination of factors were behind the industry struggle: a disruption in the global supply chain caused by a lack of raw materials, in particular for the production of microchips, and the Governments push towards Evs.

These factors will continue to put downward pressure on sales in the Taiwanese market, that in the first months of 2023 has already shown signs of struggle.

Tables with sales figures

In the tables below we report sales for top 10 Brands.

Focus2move Automotive Market Reports provide a comprehensive and complete overview of the competitive environment including information on the sales volumes of cars and light commercial vehicles, market size, market share, and industry trends. The research also provides a deep analysis of segments and complete data for brands and models in the last two years, plus forecasts for total market sales, segments, and brands up to 2028.

Through our comprehensive global sales database, and the expertise of seasoned consultants in the field, we can help you gain further insight into the automotive market trends and base your business decisions on actionable data.

Make sure you stay one step ahead of your competitors!

Focus2move market reports can help improve your data-driven decision-making process by providing up-to-the-minute automotive industry intelligence.

Table of contents

• Country Overview
  • Geography
  • History
  • People & Politics
• Economic Outlook
  • Economy
  • Infrastructure
• Market Outlook
  • Market Heritage
  • Car Passenger’s segmentation
  • LCVs segmentation
  • Car Passengers Body Type mix
  • LCVs Body Type mix
  • Premium segment share
  • Chinese OEMs share
• Key Players
  • Top selling Groups 2022
  • Top selling Brands 2022
  • Premium Brands
  • Chinese Brands
• Market Data By Model
  • Top selling Models 2022
  • Top models by segment and body type
• Key Factors for market Evolution
  • Country development
  • Economic Outlook
  • Customer base evolution
  • Low-Carbon Transition Policy
  • Infrastructure & Investments
• 2023-2028 Volume Forecast
  • TIV evolution by segment
  • Cars and LCVs forecast
  • Segments forecast
  • Premium segment share forecast
  • Chinese OEMs share forecast
  • Forecast by Manufacturer

Price for market research: €2,500
Price for data by model for the past 2 years in excel: €3,000
Price for market research + data by model in excel: €4,000

For further inquiries contact us at info@focus2move.com

Excel Dataset

We purchase new vehicles registrations for 159 countries worldwide – included this one – from the local official authorities and receive a monthly file with raw data by country.

You can have access to this service:

• Data by Year/Month/Brand/Model/Segment
• Historical data (from 2010 to last month) and/or to monthly sales update.
• Next Year’s Forecast
• Data is released in excel via mail or cloud.

Last 2 years dataset cost €3.000. 

The service cost is correlated with the data perimeter and you will have a customized quotation just contacting us at info@focus2move.com

Market Report

The report provides a comprehensive and complete overview of the market competitive environment including information on the sales volumes of cars and light commercial vehicles, market size, market share, and industry trends.

Through our comprehensive global sales database and the expertise of seasoned consultants in this field, we can help you gain further insight into the automotive market trends and base your business decisions on actionable data.

Table of contents

• Country Overview
  • Geography
  • History
  • People & Politics
• Economic Outlook
  • Economy
  • Infrastructure
• Market Outlook
  • Market Heritage
  • Car Passenger’s segmentation
  • LCVs segmentation
  • Car Passengers Body Type mix
  • LCVs Body Type mix
  • Premium segment share
  • Chinese OEMs share
• Key Players
  • Top selling Groups 2022
  • Top selling Brands 2022
  • Premium Brands
  • Chinese Brands
• Market Data By Model
  • Top selling Models 2022
  • Top models by segment and body type
• Key Factors for market Evolution
  • Country development
  • Economic Outlook
  • Customer base evolution
  • Low-Carbon Transition Policy
  • Infrastructure & Investments
• 2023-2028 Volume Forecast
  • TIV evolution by segment
  • Cars and LCVs forecast
  • Segments forecast
  • Premium segment share forecast
  • Chinese OEMs share forecast
  • Forecast by Manufacturer

Price for market research: €2,500

Price for market research + Last 2 Years dataset in excel: €4,000

For further inquiries contact us at info@focus2move.com