isuzu Archives | Focus2Move https://www.focus2move.com/tag/isuzu/ automotive, research, data, statistics, cars, vehicles, ranking, forecast Mon, 06 Nov 2023 09:21:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 Kenya 2023. Vehicle Market Falls 28.3% In YTD Sales Up To September https://www.focus2move.com/kenyan-vehicles-sales/ Mon, 06 Nov 2023 09:30:47 +0000 http://focus2move.com/?p=31422 Kenya's Auto market in September 2023 falls for the 4th month in a row, reporting 364 new light vehicle registrations (-57.5%). YTD figures at 7,985 are down 28.3% from the previous year.

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Kenya’s Auto market in September 2023 falls for the 4th month in a row, reporting 364 new light vehicle registrations (-57.5%). YTD figures at 7,985 are down 28.3% from the previous year.

Market Trend and Outlook

Kenya’s vehicle market in September 2023 falls for the 4th consecutive month, reporting 1364 new light vehicle registrations (-57.5%). YTD figures at 7,985 are down 28.3% from the previous year.

Looking at cumulative data up to September 2023 brand-wise, this year’s leader is still Isuzu with 48.6% market share and a 28.7% decrease in sales, followed by Toyota with 29.9% market share and a 34.1% loss in volume. Ford becomes the 3rd best selling brand in Kenya.

Medium-Term Market Trend

Following a quite positive period, which ended with the all-time record hit in 2015 with 19,515 vehicles (including HCVs & Bus) sold, the Kenyan vehicles market was hit by the economic crisis and started falling down, losing in two years over 40% of volume, with 2017  total vehicle sales (including HCVs) reaching just 11,031 (-18.2%).

In 2018 the mood changed and the market recovered. Sustained by private consumption the market scored a recovery above any expectations. Indeed, according to data released by the Kenyan Motor Industry Association, the market grew, gaining 28.0% from 2017, with registrations at 14,124.

In 2019 despite a very good start, with Q1 up in double-digits, the market progressively lost steam ending Q4 with a sharp decline. Full-year sales reached 21,877, up 54.9%.

Because of the COVID-19 pandemic sales significantly decreased in  2020. In fact, sales totaled 14,626, a 33.1% fall compared to 2019.

The market gained back some momentum in 2021, rising 36.9% to 20,028 new yearly sales. While 2022 interrupted this brief uptrend, falling 2.0% to 15,941 sales

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Thailand 2023. Top 50 Best Selling Cars: Toyota Yaris Ativ Enters 3rd Spot (+147.9%) https://www.focus2move.com/thailand-best-selling-car/ Tue, 04 Jul 2023 10:30:20 +0000 https://www.focus2move.com/?p=67976 Thailand Best Selling Car ranking up to May 2023 sees the Isuzu D-Max still as market leader (-12.4%), while the Toyota Yaris Ativ enters the podium rising 6 spots and 147.9% in sales.

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Thailand Best Selling Car ranking up to May 2023 sees the Isuzu D-Max still as market leader (-12.4%), while the Toyota Yaris Ativ enters the podium rising 6 spots and 147.9% in sales.

In the following article we are going to analyze the best selling cars in Thailand considering data up to May 2023.

The Thai Automotive industry is still the global hub for mid size pick ups, being the type of vehicle preferred by locals in years. This trend is confirmed by the Isuzu D-Max leading the rankings with 69,368 cumulative registrations (-12.4%), followed closely by the Toyota Hillux with 56,117 sales (-16.5%). 

The passenger car Toyota Yaris Ativ rises 6 spots into 3rd reporting 25,861 sales (+147.9%), followed by the Honda City at 22,224 (-8.5%) and the Ford Ranger with 14,480 units sold (+8.1%).

In 6th place the Toyota Fortuner with 13,477 sales (+3.1%) ahead of the Toyota Corolla with 11,720 registrations (-4.5%) and the Isuzu Mu-x -up 4 spots- with 11,349 units sod(+39.8%).

The Honda CR-V jumps 4 spots into 9th with 11,243 sales(+76.2%) and in 10th place the BYD Atto 3 rises 139 spots with 9,310 units sold.

Tables with sales figures

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

This content is for members only. Visit the site and log in/register to read.
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Kenya 2022. Auto Market Interrupts Rise Falling 2.0% In Yearly Sales https://www.focus2move.com/kenyan-vehicles-sales-2022/ Mon, 20 Mar 2023 10:30:24 +0000 https://www.focus2move.com/?p=79084 Kenya's Auto market in 2022 interrupts the momentum built up in 2021, falling 2.0% to 15,941 new sales. Toyota and Isuzu hold more than 70% market share combined.

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Kenya’s Auto market in 2022 interrupts the momentum built up in 2021, falling 2.0% to 15,941 new sales. Toyota and Isuzu hold more than 70% market share combined.

Market Trend and Outlook

Kenya’s car market in 2022 falls for the first year after reporting a 36.9% increase in sales the year prior. With 15,941 new sales, the market is down 2.0% compared to 2021.

Looking at cumulative data from 2022 brand-wise, this year’s leader is still Toyota with 36.7% market share and a 4.3% increase in sales, followed by Isuzu with 22.3% market share and a 5.8% loss in volume. Nissan with a 24.0% growth maintains 3rd spot in the ranking.

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Thailand 2022. Best Selling Cars Ranking With Top 50 Models https://www.focus2move.com/thailand-best-selling-car-2022/ Fri, 13 Jan 2023 14:00:49 +0000 https://www.focus2move.com/?p=79528 Thailand Best Selling Car ranking in 2022 lead for the third year in a row by the local made Isuzu D-Max, ahead at the arch-rival Toyota Hilux. The car passenger segment is growing with the top model ranking in third, the Honda City.

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Thailand Best Selling Car ranking in 2022 lead for the third year in a row by the local made Isuzu D-Max, ahead at the arch-rival Toyota Hilux. The car passenger segment is growing with the top model ranking in third, the Honda City.

Thai Automotive industry is still the global hub for mid size pick ups, being the type of vehicle preferred by locals in years.

This trend is confirmed by the Isuzu D-Max leading the rankings in 2022 with 178,407 cumulative registrations (+19.7%), followed closely by the Toyota Hillux with 142,578 sales (+9.0%). 

In third place the first car passenger, the Honda City with 45,791 sales (+7.8%), followed by the Ford Ranger with 28,689 (+6.9%) and the Toyota Yaris with 28,157 sales (+10.1%).

In 6th place the Toyota Corolla with 27,414 sales (+10.3%) ahead of the Toyota Fortuner with 26,869 (+20.6%) and the Toyota Yaris Ativ with 26,394 (+34.6%).

In 9th place the Mitsubishi Triton with 21,168 (-5.4%) and in 10th place the Isuzu MU-X with 19,029 units (+23.3%).

Tables with sales figures

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

This content is for members only. Visit the site and log in/register to read.
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Kenya 2021. Nissan Grows Swiftly In Market Up Only 2.3% https://www.focus2move.com/kenyan-vehicles-sales-2021/ Fri, 18 Mar 2022 09:00:56 +0000 https://www.focus2move.com/?p=78380 Kenya's Auto market in 2021 gains 2.3% with 5,156 sales, reporting a double-digit drop in the second half of the year. Isuzu overtakes Toyota and becomes the new market leader.

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Kenya’s Auto market in 2021 gains 2.3% with 5,156 sales, reporting a double-digit drop in the second half of the year. Isuzu overtakes Toyota and becomes the new market leader.

Market Trend

Kenya’s car market this year grew slowly but dropped in double-digits in the second half of the year.

Following a quite positive period, which ended with the all-time record hit in 2015 with 19,549 vehicles (including HCVs & Bus) sold, the Kenyan vehicles market was hit by the economic crisis and started falling down, losing in two years over 40% of volume., with 2017  total vehicles (including HCVs) at 10,831 (-19.8%).

In 2018 the mood changed and the market recovered, sustained by private consumption and the market score a recovery above expectations. Indeed, according to data released by the Kenyan Motor Industry Association, the market grew, gaining 31.2% from 2017, with registrations at 14,251.

In 2019 despite a very good start, with the Q1 ended up in double-digit, the market has progressively lost steam ending the Q4 with a sharp decline. Full-year sales have been 13,298, down 6.7%. While the HCVs segment was steady, the car passengers dropped down in double-digits.

Because of the COVID-19 pandemic sales significantly decreased in  2020. In fact, sales have been 6,942, reporting a fall of 47.8% compared to 2019.

In 2021 the year started positively for the Kenyan market, in fact, in Q1 1,530 units have been sold, reporting a 69.8% increase in sales compared to Q1 2020, and in Q2 sales kept growing due to the incredibly low levels of the previous year, reporting a 41.6% increase with 1,410 units sold.

In Q3 sales were falling in double-digits, losing 14.9% sales with 1,114 units, and fell further (-39.9%) in Q4 with 1,102 units sold.

Indeed, Full-Year sales for 2021 have been 5,156, reporting a 2.3% increase compared to 2020.

Kenya quarterly sales variation
Kenya quarterly sales variation

Brand-wise, this year the new leader Isuzu (+43.7%) gained 7.5% market share, followed by Toyota (-16.2%), which lost 11.2% share. Nissan (+105%) reached third place and gained 2.2% market share.

The most sold model in the country is the Toyota Land Cruiser P/U with 692 sales (-25.6%), holding 13.4% market share.

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Kenya 2020. Toyota reinforces leadership in market severely affected by the pandemic (-47.8%) https://www.focus2move.com/kenyan-vehicles-sales-2020/ Tue, 09 Feb 2021 15:00:15 +0000 https://www.focus2move.com/?p=71253 Kenyan auto market in 2020 falls by 47.8% as the pandemic and restrictions affect sales. Full-Year sales have been 6.942, while the leader Toyota consolidates its leadership by gaining 7.5% market share.

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Kenyan auto market in 2020 falls by 47.8% as the pandemic and restrictions affect sales. Full-Year sales have been 6.942, while the leader Toyota consolidates its leadership by gaining 7.5% market share.

Economic Environment

The economy should have recovered in Q3, albeit frailly, after contracting for the first time in at least a decade in Q2 due to the pandemic. Exports increased in July–August after shrinking in Q2, while the fall in imports softened in the same period. However, this still points to weakened domestic demand.

Moving forward, the situation was seemingly upbeat at the outset of Q4: Business conditions improved notably in October, with the private sector PMI climbing to a record high, boosted by strengthening aggregate demand as more restrictions were eased.

However, a recent rise in Covid-19 cases prompted a snap-back of containment measures in early November, boding ill for activity. In other news, the government aims to borrow an additional KES 1.0 trillion (around USD 9.2 billion) for the current fiscal year (1 July 2020–30 June 2021) as revenues have dwindled, and is seeking a second IMF loan.

Market Trend

The Kenyan car market has been hit very harshly in 2020 by the world-wide COVID-19 pandemic, which has impacted sales significantly.

Following a quite positive period, which ended with the all-time record hit in 2015 with 19.549 vehicles (including HCVs & Bus) sold, the Kenyan vehicles market was hit by the economic crisis and started falling down, losing in two years over 40% of volume., with 2017  total vehicles (including HCVs) at 10.831 (-19.8%).

In 2018 the mood changed and the market recovered, sustained by private consumption and the market score a recovery above expectations. Indeed, according to data released by the Kenyan Motor Industry Association, the market grew, gaining 31.2% from 2017, with registrations at 14.251.

In 2019 despite a very good start, with the Q1 ended up in double-digit, the market has progressively lost steam ending the Q4 with a sharp decline. Full-year sales have been 13.298, down 6.7%. While the HCVs segment was steady, the car passengers dropped down in double-digits.

Indeed, Full-Year sales for 2020 have been 6.942, reporting a 47.8% decrease compared to 2019.

Brand-wise, this year the leader Toyota (-30.9%) gained 7.5% market share, followed by Isuzu (-56.8%), which lost 7.4% share. Tata (-17.7%) reached third place and gained 2.4% market share.

The most sold model in the country is the Toyota Land Cruiser P/U with 930 sales (+69.7%), holding a growing 13.4% market share.

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Thailand 2020. Best Selling Cars Ranking https://www.focus2move.com/thailand-best-selling-cars-2020/ Fri, 22 Jan 2021 19:45:53 +0000 https://www.focus2move.com/?p=76308

Thailand’s best-selling car ranking in 2020 sees the historical leader – the Toyota Hilux – being dethroned by the Isuzu D-Max. The Nissan Almera is the only one to report growth.

In first position we have the 2018 leader, the Isuzu D-Max, holding a growing 17.7% share, with 136.450 units sold (-4.8%). The D-Max, produced in Thailand, is a master of all trades and the perfect blend of rugged capability whether off-road or load-lugging; paired with performance and comfort.

The Toyota Hilux lost the crown this year after being the leader for 2 years in a row. Indeed, the Hilux still holds 17.1% of the market share, almost 1% more than last year, with 131.293 units sold (-14%).

The Toyota Yaris managed to enter the market podium with 4.3% share and 32.840 units sold (-22.4%), 1k units ahead of the Honda City -up 2 spots- with 31.959 units (-0.2%) and the Mazda 2 with 25.550 units (-41.7%).

In the sixth position, the Ford Ranger -down 3 spots – with 25.434 units (-42.5%) ahead of the Mitsubishi Triton and the Honda Civic, which have respectively 23.705 (-32.4%) and 23.001 units sold (-19.4%).

In ninth place we have the only gainer in the leaderboard, the Nissan Almera (+12.9%) jumping 4 spots with 18.971 units, followed by the Honda Jazz (-21.3%) -up 1 spot- with 18.780 units.

Tables with sales figures

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

This content is for members only. Visit the site and log in/register to read.
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Kenya 2019. Vehicles market has lost 7.9% https://www.focus2move.com/kenyan-vehicles-sales-2019/ Wed, 01 Apr 2020 19:45:14 +0000 https://focus2move.com/?p=60563 Kenyan Vehicles Sales in 2019 has progressively lost steam ending the Q4 with a sharp decline. Full year sales have been 113.130, down 7.9%. While HCVs segment was steady, the car passengers dropped down significantly. The two best selling brands have a combined share over 60%.

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Kenyan Vehicles Sales in 2019 has progressively lost steam ending the Q4 with a sharp decline. Full year sales have been 113.130, down 7.9%. While HCVs segment was steady, the car passengers dropped down significantly. The two best selling brands have a combined share over 60%.

Economic Environment

Kenya’s economy lost traction in the third quarter of 2019, expanding at the slowest rate in two years on the back a of a broad-based slowdown across the major sectors. In particular, growth of the all-important agricultural sector–which accounts for about a quarter of the country’s total output–slowed to a near two-year low amid a drop in the production of key crops.

Turning to Q4, available data suggests continued weakened momentum: The PMI deteriorated somewhat in Q4 compared to Q3 amid heavy rainfall which disrupted firms’ delivery times.

Growth is expected to quicken this year on the back of a pick-up in domestic demand. Upbeat household consumption is seen underpinning the expansion, while healthy government spending ought to further support growth. Adverse weather conditions and a wide fiscal deficit remain downside risks to the outlook

Market Trend

Following a quite positive period, ended with the all time record hit in the 2015 with 19.549 vehicles sold, Kenyan vehicles market was hit by the economic crisis and started falling down, losing in two years over 40% of volume., with 2017  total vehicles (including HCVs) at 10.831 (-19.8%).

In the 2018 the mood changed and the market recovered, sustained by private consumption and the market score a recovery above expectations. Indeed, according to data released by the Kenyan Motor Industry Association, in the market grown, gaining 31.2% from 2017, with registrations at 14.251.

In the 2019 despite a very good start, with the Q1 ended up in double-digit, the market has progressively lost steam ending the Q4 with a sharp decline. Full-year sales have been 13.130, down 7.9%. While HCVs segment was steady, the car passengers dropped down in double-digits.

The market leader was again Isuzu, which benefit by the large quota of HCVs in the total vehicles market. Isuzu kept one third of market share. In second place the leader in the light vehicles segment, Toyota. The two leaders reported a combined share over 60%.

Market Perspectives

Volkswagen has been the first to return to produce in the country, starting up in the 2017 local operations after a four-decade absence, and is producing the Polo Vivo model from SKD kits.  Last year, bolstering government plans to develop a regional auto-manufacturing hub in East Africa’s biggest economy, PSA and Nissan have announced to plan opening local production.

Nissan is in advanced discussion with the government to open an operational assembly line by the end of 2019 utilizing an already plant in partnership with Isuzu East Africa Ltd., Associated Vehicle Assemblers Ltd., which belongs to Simba Corp., and Kenya Vehicle Manufacturers, a venture between the government, Toyota Tsusho Corp. and Al-Futtaim Group.

Once established, the Kenyan facility will feed the Eastern Africa market, which is currently served by imports of light trucks from South Africa with other models coming from Japan. In addition to its plant in South Africa, Nissan has an assembly line in Nigeria.

Tables with sales figures

In the tables below we report sales for Top Brands

This content is for members only. Visit the site and log in/register to read.
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Thailand 2019. Best selling cars ranking https://www.focus2move.com/thailand-best-selling-cars/ Mon, 17 Feb 2020 14:20:52 +0000 http://focus2move.com/?p=15559 Thailand best-selling cars ranking in 2019 saw the historical leader - the Toyota Hilux - back on top, overtaking the Isuzu D-Max. The Ford Ranger conquered the podium, but the Mazda2 and the Toyota Yaris were just a few units behind.

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Thailand best-selling cars ranking in 2019 saw the historical leader – the Toyota Hilux – back on top, overtaking the Isuzu D-Max. The Ford Ranger conquered the podium, but the Mazda2 and the Toyota Yaris were just a few units behind.

After losing the leadership title in 2018, the traditional market leader in 2019 – the Toyota Hilux – was back on top, fully recovering from the previous year’s decline. Indeed, the Hilux led the market with 16.2% of market share.

The former leader, the Isuzu D-Max, ended in second position holding 15.2%, with 143.355 units sold, down 10.5% from the previous year. The D-Max, produced in Thailand, is a master of all trades and the perfect blend of rugged capability whether off-road or load-lugging; paired with performance and comfort.

The Ford Ranger, despite declining in double-digits, managed to gain the market podium, a few units ahead of the Mazda2 and the Toyota Yaris.

In sixth position, the Mitsubishi Triton – losing one spot from the previous year – ahead of the Honda City and the Honda Civic, which ended respectively at 3.4% and 3%.

In ninth place the Toyota Yaris Ativ with 3% of market share – losing 13.4% from the previous year – followed by the Toyota Fortuner with 2.7%.

Tables with sales figures

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

This content is for members only. Visit the site and log in/register to read.
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Kenya 2018. Booming in Q4, the market recovered 29% https://www.focus2move.com/kenyan-vehicles-sales-2018/ Wed, 30 Jan 2019 13:49:23 +0000 https://focus2move.com/?p=46969 Kenyan Vehicles Sales grew 29.3% 2018 fluctuating for the entire year, ending with registrations at 14.265. Isuzu was again the market leader, ahead of Toyota, with a wide gap over Mitsubishi. Nissan is working to launch a new plant to produce small vans.

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Kenyan Vehicles Sales grew 29.3% 2018 fluctuating for the entire year, ending with registrations at 14.265. Isuzu was again the market leader, ahead of Toyota, with a wide gap over Mitsubishi. Nissan is working to launch a new plant to produce small vans.

Economic Environment

Kenya’s economic lost traction again in the final quarter of 2018 after expanding at a robust, albeit softening, pace in the third quarter on strong agricultural and hydro-powered electricity output. Rising inflation, a continued slowdown in remittance inflows and weaker credit growth likely weighed on private consumption in Q3.

Entering the fourth quarter, a pick-up in remittances and an acceleration in credit in October likely stimulated greater household spending. Moreover, PMI readings for Q4 indicate private sector activity remained resilient.

Growth is expected to remain strong in 2019, thanks to solid domestic demand. Private consumption should continue to expand at a healthy pace, buoyed by solid remittances inflows and a tight labor market, while upbeat business confidence should continue to support strong fixed investment growth.

Market Trend

Following a quite positive period, ended with the all time record hit in the 2015 with 19.549 vehicles sold, Kenyan vehicles market was hit by the economic crisis and started falling down, losing in two years over 40% of volume., with 2017  total vehicles (including HCVs) at 10.831 (-19.8%).

In the 2018 the mood changed and the market recovered, sustained by private consumption and the market score a recovery above expectations. Indeed, according to data released by the Kenyan Motor Industry Association, in the 2018 the market has grown, despite a still negative first half with a strong acceleration during Q2 and Q3, recovering the gap and even ending the year with a substantial gain of 0he market recovered during the last part of the year, gaining 19.1% from the 2017. The market ended with registrations at 12.932.

The market leader is again Isuzu, dominating the commercial segment, with 4.797 sales and 33.6% of market share. Toyota was second with 3.331 sales ahead of Mitsubishi with 1.126.

Market Perspectives

Volkswagen has been the first to return to produce in the country, starting up in the 2017 local operations after a four-decade absence, and is producing the Polo Vivo model from SKD kits.  Last year, bolstering government plans to develop a regional auto-manufacturing hub in East Africa’s biggest economy, PSA and Nissan have announced to plan opening local production.

Nissan is in advanced discussion with the government to open an operational assembly line by the end of 2019 utilizing an already plant in partnership with Isuzu East Africa Ltd., Associated Vehicle Assemblers Ltd., which belongs to Simba Corp., and Kenya Vehicle Manufacturers, a venture between the government, Toyota Tsusho Corp. and Al-Futtaim Group.

Once established, the Kenyan facility will feed the Eastern Africa market, which is currently served by imports of light trucks from South Africa with other models coming from Japan. In addition to its plant in South Africa, Nissan has an assembly line in Nigeria.

Tables with sales figures

In the tables below we report sales for Top Brands

This content is for members only. Visit the site and log in/register to read.
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