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Indonesian sales down 26.2% in March
The Association of Indonesia Automotive Industries (GAIKINDO) and other sources reported that Indonesian vehicle sales in March 2024 were 74,724 units, down 26.2% compared to March 2023.
By automaker sales in March, Toyota was down 28.3% y/y to 21,142 units and a 28.3% market share. Daihatsu was down 16.8% to 16,552
Daihatsu to resumes production of Daihatsu Taft and Daihatsu/Toyota Copen in early May
On April 11, Daihatsu announced that it will resume production of these 3 models (Daihatsu Taft, Daihatsu/Toyota Copen) at Daihatsu Kyushu Oita (Nakatsu) plant and Daihatsu Head (Ikeda) Plant.
With the resumption of operations at the Copen Factory, the Head (Ikeda) Plant that produces Daihatsu/Toyota Copen, all Daiha
Daihatsu and Toyota to Reform Structures towards Revitalization of Daihatsu
On April 8, Toyota Motor Corporation (Toyota) and Daihatsu Motor Co., Ltd. (Daihatsu) announced their decision to reform the overseas business structure of both companies while aiming to make Daihatsu a "mobility company centered on mini vehicles" going forward.
Overview of the changes:
Shifting the product planning
Daihatsu Indonesia notes retail sales of 31,795 units in Jan-Feb 2024 (down 18.6%)
Announced on March 19, 2024, Daihatsu Indonesia recorded retail sales of 31,795 units in the first 2 months of 2024 (down 18.6% YoY). This also contributed to Daihatsu's market share being 21.4% of the total national automotive market of 148,649 units.
Daihatsu's retail sales in January-February 2024 were still domin
Indonesian sales down 18.8% in February
The Association of Indonesia Automotive Industries (GAIKINDO) and other sources reported that Indonesian vehicle sales in February 2024 were 70,657 units, down 18.8%% compared to February 2023.
By automaker sales in February, Toyota was down 13.9% y/y to 23,525 units and a 33.3% market share. Daihatsu was down 7.2% t
GlobalData blog: Asia-Pacific light vehicle production forecast to slow
Asia-Pacific’s Light Vehicle (LV) production ended 2023 on a high note. The region’s production expanded nearly 10% year-on-year (YoY) to a record-high level of 51.8 million units thanks to the robust pace of production in China and Japan, and to a lesser extent, Korea and India. Strong exports were a key driver for