Association of Southeast Asian Nations (ASEAN) is an economic free trade area in South Asia, including the following nations: Thailand, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Laos, Myanmar, and Cambodia.

With regard to the regional best-selling cars ranking, up to September 2023 the leadership is still in the hands of the Toyota Hilux, produced in Thailand, ahead of its competitors with 168,437 units sold (-7.2%), followed closely by the Isuzu D-Max with 135,196 cumulative sales (-21.1%).

The Perodua Myvi closes the podium with 97,151 sales (+7.6%), followed by the Honda City with 89,795 units sold (-6.0%) and the Honda HR-V with 81,494 new registrations (+15.5%).

In sixth place ranks the Mitsubishi X-Pander with 80,629 units sold (+2.3%), followed by the Ford Ranger -up 3 spots- at 71,038 registrations (+15.0%) and the  Toyota Vios with 70,947 sales (-7.4%).

Closing the leaderboard, the Toyota Avanza ranks in 9th with 65,238 units  sold this year (+0.6%) and the Perdue Bezza rises 1 spot into 10th with 58,248 cumulative sales (+7.7%).

Tables with sales figures

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

Market Trend and Outlook

Indonesia’s economy was expected to grow by 5.0% in 2023 as domestic demand took over from commodity exports as the driver of growth. This being said the economy undershot market expectations and grew at the slowest pace in two years in Q3 on cooling domestic demand: Public spending swung into contraction and private consumption growth cooled, outweighing a stronger expansion in fixed investment.

Looking at the Indonesian Vehicle Market we can observe this loss in momentum, with sales in October 2023 falling for the 4th consecutive month after growing 4.3% in June, with new registrations at 80,370 (-13.9%). YTD figures at 835,123 are down 1.9% from the prior year.

Looking at cumulative data up to October 2023 brand-wise, the leader is still Toyota with 273,820 sales (-1.1%), followed by Daihatsu with 161,650 (+2.4%), Honda with 119,917 sales (+12.1%) and Suzuki with 66,530 sales (-7.9%).

Mitsubishi falls 1 spot into 5th with 64,082 sales (-21.1%), followed by Hyundai -up  2 spots- at 29,537 units sold (+6.0%).

Isuzu maintains 7th with 26,651 sales (-13.0%), in front of Mitsubishi Fuso at 26,453 (-12.1%), Hino in 9th at 23,040 registrations (-5.6%) and Wuling closing the Top 10 with 16,652 sales (-22.7%).

Looking at specific models the Honda Brio becomes the new best seller, rising 1 spot with a 9.8% year-on-year increase in sales, followed by the Daihatsu Sigra up 37.2%.

Medium-Term Market Trend

The market had spent four years in the sky, when, during 2010-2013 the market scored four all-time records in a row, almost doubling volume and not only outpacing the magic 1 million units quota but landing at a 2013 record of 1.22 million vehicles sales, before interrupting the run in 2015 with registrations at 1,031,808 (-14.5%).

Then a new positive pathway was taken ending 2016 at 1,074,000 units (including HCVs and Bus) and keeping a moderate recovery in 2017 as well. In 2018, the market was substantially flat, ending with 1,140,349 units sold. In 2019, the market registered a negative trend, with full-year sales at 1,079,474 (-5.3%).

Due to the COVID-19 pandemic sales fell in 2020. In fact, 582,298 units were sold, reporting a decline of 46.1% compared to 2019.

In 2021 the year started negatively for the Indonesian market, in fact, in Q1 178,451 units have been sold, reporting a 24.5% decrease in sales compared to Q1 2020, while in Q2 sales started growing extremely quickly, reporting a 771% increase in sales with 209,439 units due to the very low volumes in Q2 2020.

In Q3 sales kept rising quickly, gaining 100.6% sales with 212,498 units, and in Q4 sales gained 21.8% with 262,984.

Indeed, Full-Year sales for 2021 were 863,372, reporting a 48.3% increase compared to 2020.

Sales in 2022 totaled 977,527, a 21.1% increase from the prior year.

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

Association of Southeast Asian Nations (ASEAN) is an economic free trade area in South Asia, including the following nations: Thailand, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Laos, Myanmar, and Cambodia.

With regard to the regional best-selling cars ranking, in 2022 the leadership is still in the hands of the Toyota Hilux, produced in Thailand, ahead of its competitors with 193,086 units sold (+5.8%), followed closely by the Isuzu D-Max with 94,557 cumulative sales (+6.1%).

The Mitsubishi Xpander closes the podium with 94,557 sales (+6.1%), followed by the Toyota Bios with 84,343 units sold (+2.0%) and the Toyota Fortuner – up 4 spots – with 76,099 new registrations (+10.3%).

In sixth place ranks the Honda City -down 3 spots- with 73,140 units sold (-22.2%), followed by the Toyota Avanza -up 1 spot- at 71,997 registrations (+1.8%) and the Ford Ranger -up 2 spots- with 68,255 sales (+0.9%).

Closing the leaderboard, the Honda Brio rises 4 spots into 9th with 65,033 units  sold this year (+24.2%) and the Toyota Rush falls 3 spots into 10th with 61,799 cumulative sales (-13.2%).

Tables with sales figures

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

Market Trend and Outlook

The Indonesian vehicles market in 2022 totals 977,527 sales, a 21.1% growth from the prior year. The year closed with December growing for the 7th month in a row and reporting 98,049 new registrations (+4.4%).

Looking at the cumulative figures form 2022 brand-wise, the leader is still Toyota with 331,409 sales (+14.1%) followed by Daihatsu with 202,665 (+34.1%) and Honda -up 1 spot- with 131,281 sales (+43.6%) overtaking Mitsubishi with 99,051 sales (-5.1%).

Suzuki and Isuzu maintain 5th and 6th position, respectively with 90,408 (+0.9%) and 36,644 sales (+34.3%).

Hyundai rises into 7th with 31,965 sales , in front of Wuling at 29,991 (+17.0%) and Mercedes in 10th at 6,090 registrations (+49.7%).

Tables with sales figures

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

Association of Southeast Asian Nations (ASEAN) is an economic free trade area in South Asia, including the following nations: Thailand, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Laos, Myanmar, and Cambodia.

With regard to the regional best-selling cars ranking, in 2021 the leadership is still in the hands of the Toyota Hilux, produced in Thailand, well ahead of its competitors with 182k units sold (6.5% share), followed in second place by the Hyundai Staria, with 150k units sold (5.3% share).

The Honda City -up 3 spots- closes the podium with 94k units (3.3% share), followed by the Mitsubishi Xpander -up 3 spots- with 89k units (2.9% share) and the Toyota Vios – down 2 spots – with 83k units sold (2.9% share).

In sixth place we have the Perodua Myvi -down 2 spots- with 82k units (2.9% share), followed by the Toyota Rush -up 6 spots- with 71k units (2.5% share) and then by the Toyota Avanza –up 6 spots– with 71k units (2.5% share).

Closing the leaderboard we have the Toyota Fortuner rising 2 spots with 69k units (2.4% share) and the Ford Ranger -down 2 spots- with 68k units (2.4% share).

Tables with sales figures

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

Economic Environment

Activity was likely subdued in H2 last year, with tourist arrivals remaining hugely below pre-pandemic levels. Nonetheless, arrivals did pick up towards the end of the period, while a high vaccination rate and looser restrictions compared to H1 should have aided domestic demand. Heading into Q1 this year, given the country’s dependence on tourism, momentum is likely being dulled by the arrival of the Omicron variant.

More positively, the Central Bank recently extended its debt restructuring program until mid-2022, which should support investment ahead. Meanwhile, the EU recently revoked tariffs on Cambodian rice, boosting the external sector. In politics, the prime minister secured his party’s support for naming his son as his successor ahead of next year’s election. This should imply policy stability ahead.

Market Trend

The Cambodian car market this year recovered effectively from the pandemic crash, reporting a positive performance in all quarters.

Indeed, together with Laos, Cambodia is the only country within the ASEAN without a clear policy against the import of pre-owned old, high polluting, low safety vehicles, and the tax reform applied in 2017, which increased the duties for new vehicles import, has penalized the local distributors which increased price freezing a potentially high demand and creating wide space for trading from Japan or others ASEAN countries.

However, in 2018 the market confirmed its potential reporting a positive score when light vehicle sales were at 10,086. In 2019 the market even accelerated probably for the combined effect of the reduction of grey market and strong consumer demand and hit the new all-time record, the 10th in a row, with full-year sales landing at 23,655 unit, up 134.5%.

Sales in 2020 have been heavily influenced by the COVID-19 pandemic, impacting all sectors. In fact, 18,718 units have been sold, reporting a decline of 20.9%.

In 2021 the year started positively for the Cambodian market, in fact, in Q1 4,354 units have been sold, reporting a 45.7% increase in sales compared to Q1 2020, and in Q2 sales slowed down slightly, reporting a 12.5% increase in sales with 5,838 units sold due to the low sales volume registered in Q2 2020.

In Q3 sales rose only 8.1% with 6,477 units sold, while in Q4 growth increased significantly again (+42.4%) with 6,474 units sold.

Indeed, Full-Year sales for 2021 have been 23,143, reporting a 23.6% increase compared to 2020.

Brand-wise, this year the leader Ford (+14.8%) lost 3.1% market share, followed by Toyota (+53.8%), which gained 4.7% share. Mazda on the other hand fell 29.2% and lost 5.4% market share.

The most sold model in the country is the Ford Ranger, which grew 12.5%.

Market Trend

The Indonesian car market this year recovered very effectively from the 2020 pandemic, and reported  a negative performance only in Q1.

The market had spent four years in the sky, when, during 2010-2013 the market scored four all-time records in a row, almost doubling volume and not only outpacing the magic 1 million units quota but landing at a 2013 record of 1.22 million vehicles sales, before interrupting the run in 2015 with registrations at 1,031,808 (-14.5%).

Then a new positive pathway was taken ending 2016 at 1,074,000 units (including HCVs and Bus) and keeping a moderate recovery in 2017 as well. In 2018, the market was substantially flat, ending with 1,140,349 units sold. In 2019, the market registered a negative trend, with full-year sales at 1,079,474 (-5.3%).

Due to the COVID-19 pandemic sales fell in  2020. In fact, 582,298 units have been sold, reporting a decline of 46.1% compared to 2019.

In 2021 the year started negatively for the Indonesian market, in fact, in Q1 178,451 units have been sold, reporting a 24.5% decrease in sales compared to Q1 2020, while in Q2 sales started growing extremely quickly, reporting a 771% increase in sales with 209,439 units due to the very low volumes in Q2 2020.

In Q3 sales kept rising quickly, gaining 100.6% sales with 212,498 units, and in Q4 sales gained 21.8% with 262,984.

Indeed, Full-Year sales for 2021 have been 863,372, reporting a 48.3% increase compared to 2020.

Brand-wise, this year the leader Toyota (+59.1%) gained 2.3% market share, followed by Daihatsu (+51.1%), which gained 0.3% share. Mitsubishi gained 2.7% share by gaining 90.6%, while  Honda fell in 4th place and reported a gain of 15%, followed by Suzuki which gained 23.8%.

Mitsubishi Fuso gained 43.2%, followed by Isuzu (+52.8%) and Wuling which reported the best performance on the leaderboard by gaining 151.2%. Closing the leaderboard we have Hino gaining 51.8% and Nissan, which was the only brand to report losses, falling 47.6%.

The most sold vehicle this year is the Toyota Avanza (+75.5%) with 62,741 units sold, followed by the Mitsubishi Xpander, which gained 107.3% registering 54,644 new sales this year. The Toyota Rush (+79%) closes the podium and reports 52,553 new units sold.

Tables with sales figures

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

Economic Environment

Economic growth gathered pace in Q2, despite the constraining effects of the pandemic. A sizable acceleration in household spending, a much softer contraction in government consumption, and resilient export growth more than offset a sharper downturn in investment activity. Soaring output at the Hengyi Industries’ oil refinery and the petrochemical plant also supported growth in Q2.

However, activity likely lost some steam in Q3. Merchandise exports contracted in annual terms in July, mainly on the back of plunging foreign sales of crude oil and LNG. That said, imports surged in the same month, pointing to resilient domestic demand, and the positive health situation bodes well for activity ahead.

On the political front, the ministry of finance is reportedly preparing an economic blueprint focused on strengthening the private sector, which should improve the business climate in coming years.

Market Trend

The Brunei vehicle market has grown in 2020 despite the global COVID-19 pandemic impacting sales in many countries of the world. 

The market hit its historical record in 2013, before starting to declining for four consecutive years down at 12.837 sales reported in 2017. In 2018 the demand fell in double-digits, in fact, full-year sales were 11.226 (-12.5%). The market started growing again in 2019 when 11.909 units have been sold (+6%).

Full-Year sales for 2020 have been 12.183, reporting a 2.3% increase compared to 2019.

Brand-wise, this year the leader Toyota (+0.9%) lost 0.3% market share, followed by Suzuki (+2.6%) which gained 0.1% share. Kia (+5.4%) was in the third position and gained 0.3% market share.

The most sold model in the country this year is the Suzuki Swift with 801 sales (-3.6%), holding 6.6% market share.

]]> https://www.focus2move.com/asean-2020-best-selling-cars-ranking/ Wed, 10 Mar 2021 10:36:32 +0000 https://www.focus2move.com/?p=73299 Asean best selling cars ranking in 2020 is again dominated by the Toyota Hilux, followed by the Isuzu D-Max. The Honda City enters the leaderboard and lands in 5th position, while the Mitsubishi Xpander falls in 7th place.