p 35.8% to 820 units with a 4.3% market share.Experts attributed a sharp decline in car sales to the Lunar New Year (Tet) holidays, impacting consumers' purchasing power. Consumers tend to wait for new models and releases at this time of year, contributing to lower sales during this period. Experts forecast that the automobile market is likely to recover from the second quarter when manufacturers continue to introduce stimulus policies, along wit...

Automotive Sales Data  Updated at: 2025/10/14

urged 200.6% to 11,564 units (5.0%), plug-in hybrid vehicles increased 54.4% to 7,386 units (3.2%) and electric vehicles soared 74.0% to 8,195 units (3.5%).Cumulative sales for the nine months of the year were up 2.8% y/y to 1,910,937 units.On September 17, Scotiabank maintained its previous August forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026.Faced with more expensive credit, sales to...

Automotive Sales Data  Updated at: 2025/10/09

its, while Hyundai sales increased 5.7% to 3,979 units.JAC sold 1,946 vehicles, a 14.4% increase from last January.Chery and Omoda brands sales decreased 27.6% to 1,883 units, while Motornation sold 219 units of BAIC, JMC, DFSK and SERES vehicles, 73.3% less than last year.On January 16, Scotiabank forecast full-year Mexican sales of 1.52 million units in 2025 and 1.54 million units in 2026. Sales of new vehicles by type(including import cars) ...

Automotive Sales Data  Updated at: 2025/10/08

osing tariffs of any level on imports from Canada would have negative impacts on the economic outlook, whether or not Canada responds in-kind could lead to diverging responses from the Bank of Canada.As of January 16, Scotiabank expected 1.84 million annual auto sales in 2025, upwardly revising its forecast from the previous month. Canada - Sales of new vehicles by type Jan. 2025*1 Jan. 2024 Y-o-Y*1 Passenger cars N/A N/A -% Light Trucks ...

Automotive Sales Data  Updated at: 2025/10/03

e affected by global economic uncertainty and stricter ADAS and fuel-efficiency regulations. Vehicle export in July was valued at THB 46.9 billion, down 16.9%. Vehicle exports in the first 7 months of 2025 reached 531,796 units, down 11.7% YoY.On July 24, FTI revised Thailand’s vehicle production forecast for 2025 from 1.5 million units to 1.45 million units. The adjustment mainly affects production for export, from 1 million to 950,000 units, ...

Automotive Sales Data  Updated at: 2025/09/29

ver the previous year to 52,067 units. New car production for the first six months of 2025 decreased 10.1% from the same period in 2024 to 352,626 units.MAA expects that sales in July to be higher than in June 2025 due to an increase in number of working days. MAA is maintaining its full-year sales forecast of 780,000 units. Malaysia - Sales and Production of new Vehicles Type Jun. 2025 Y-o-Y Jan.-Jun. 2025 Y-o-Y Sales Passenger Cars 49,80...

Automotive Sales Data  Updated at: 2025/09/22

17 units (14.2% share), plug-in hybrids (PHEV) soared 32.1% to 24,486 units (8.9% share), and diesel-engine car sales decreased 7.1% to 17,556 units (6.4% share).Record 56,387 BEVs were registered in September, driven by massive manufacturer discounting, pushes YTD market share to 17.8%, with 18.5% forecast by year end – still below the zero emission vehicle mandate.In September, private car sales fell 1.8% to 120,272 units (43.7% share), fleet...

Automotive Sales Data  Updated at: 2025/07/03

is possible that in anticipation of another increase in the disposal fee from January 2025, December may still show good results.Overall, the combined sales of the last 11 months have already exceeded 1.5 million of sold new cars and light commercial vehicles, which confirms our previously adjusted forecast. Obviously, this was achieved partly against a backdrop of growing financial pressure on the end buyer.The demand for new cars persists and t...

Automotive Sales Data  Updated at: 2025/07/03

odel introductions and the expansion of electrified vehicle line-up especially in the HEV segment, and more brands coming into the Philippine market.Moreover, the 9th Philippine International Motor Show, which will be held in H2/2024, is expected to help boost sales to even exceed CAMPI’s initial forecast and reach 500,000 units. Philippines - Sales of new vehicles Type Jan. 2024 Jan. 2023 Y-o-Y Passenger Cars 8,446 7,506 12.5% Commercia...

Automotive Sales Data  Updated at: 2025/07/03

843 units, while JAC sold 24,826 units, an increase of 17.8% from the last year.GWM sold 14,455 units, an increase if of 2,090.2% from the previous year.Motornation sold 10,497 units of BAIC, Changan, JMC, DFSK and SERES vehicles, 8.8% more than last year.Scotiabank maintained its previous November forecast for Mexico at 1.43 million units for the full year 2025.Sales of new vehicles by type(including import cars) 2024 Dec. 2023 Dec. Y-o-Y 20...

Automotive Sales Data  Updated at: 2025/07/03

aysia broke the 800,000 units sales record for the first time in 2024. MMA attributes the sales growth to the strong domestic economy, the Overnight Policy Rate (OPR), which has remained at 3% since May 2023, the introduction of new models, and aggressive sales promotions by OEMs.In 2025, sales are forecast to decline 4.5% to 780,000 units, and while the Malaysian economy is expected to remain strong in 2025, the impact of the U.S.-China trade co...

Automotive Sales Data  Updated at: 2025/07/02

year was 2,592,610 units, down 0.4% from the same period last year, according to the figures released by the Germany Federal Motor Vehicle Office (KBA) on December 4.In November, registrations of purely battery-electric cars continue to decline, while those of plug-in hybrids grew. The VDA sees its forecast of 2.8 million cars for the German passenger car market made at the beginning of the year confirmed.Looking at passenger car registrations by...

Automotive Sales Data  Updated at: 2025/07/02

ain at 28.2% ・Subaru and Mazda also noted strong sales growth at 23.8% and 23.2% respectivelyLooking forward to 2025, DAC sees challenges to the Canadian market with possible tariffs by the new U.S. administration, and a Canadian election on the horizon.Scotiabank maintained its previous November forecast of 1.8 million units for Canada for the full year 2025. Canada - Sales of new vehicles by type Dec. 2024 Y-o-Y*1 Jan.-Dec. 2024 Y-o-Y*1 ...

Automotive Sales Data  Updated at: 2025/07/02

d 55.6% to 5,453 units (2.3%), plug-in hybrid vehicles increased 60.9% to 6,273 units (2.6%) and electric vehicles increased 69.2% to 5,407 units (2.2%).Cumulative sales for the eleven months of the year were up 15.4% y/y to 2,377,473 units.On November 13, Scotiabank maintained its previous October forecast, estimating full-year Brazilian sales of 2.27 million units in 2024 and 2.38 million units in 2025.“Credit plays an important role in these...

Automotive Sales Data  Updated at: 2025/07/02

rket is growing so far this year at a double-digit rate, but in recent months the growth has been lower. This leads us to think that inflation, high interest rates and the uncertainty of not having a Government could slow down purchases in the last quarter of the year and put in danger reaching the forecast of 950,000 that we have for the entire year." Registrations of new passenger cars Aug. 2023 Aug. 2022*1 Y-o-Y Jan.-Aug. 2023 Jan.-Aug. 20...

Automotive Sales Data  Updated at: 2025/06/04

BEVs, downgrading their expected 2023 market share from 19.7% to 18.4%, with high energy costs and insufficient charging infrastructure anticipated to soften demand. The latest outlook for 2024, meanwhile, suggests that 22.6% of new car registrations will be BEVs, a downward revision from the 23.3% forecast in January. With a zero emission vehicle mandate due to come into effect next year, greater and faster investment in infrastructure, and more...

Automotive Sales Data  Updated at: 2025/06/04

Kia sales increased 2.7% to 7,606 units, while Hyundai sales increased 12.8% to 4,451 units.JAC sold 2,024 vehicles, a 25.5% increase from last October.Chery and Omoda brands sold 2,547 units, while Motornation sold 800 units of BAIC, Changan, and JMC vehicles.Scotiabank maintained its September 11 forecast for Mexico at 1.16 million units for the full year 2023 and 1.23 million units for 2024, as of October 17. Sales of new vehicles by type(incl...

Automotive Sales Data  Updated at: 2025/06/04

mpting Andrew King, Managing Partner of DAC to note that “The market has been on a tear the last 3 months with gains close to 20% each month.” The SAAR for October came in at 1.79 million – the strongest monthly number since January.As of October 17, Scotiabank revised down its full-year 2023 forecast for Canada from 1.67 million to 1.63 million units and its 2024 forecast from 1.75 million to 1.71 million units from its August 14 forecast....

Automotive Sales Data  Updated at: 2025/06/04

nished market demand and requested the government to take a countermeasure.The Ministry of Finance rejected a proposal to reduce registration fees by 50% for domestically assembled cars.According to experts in the industry, the difficulties of the domestic and foreign economies make the auto market forecast to face many difficulties. Sales volume by type of VAMA members * Mar. 2023 Mar. 2022 Y-o-Y Jan. -Mar. 2023 Jan. -Mar. 2022 Y-o-Y Passe...

Automotive Sales Data  Updated at: 2025/06/04

with a total of 2.44 million units sold in the year. “We foresee a possible improvement […] from the MOVER Program, recently announced by the government,” commented Andreta Jr.The bus segment is expected to grow by 10% in 2024, with some 114,571 units registered and for the bus segment it is forecast to grow by 20% in 2024, with a total of 29,546 units. Automobile production, sales, export units Type Dec. 2023 Dec. 2022 Y-o-Y Jan.-Dec....

Automotive Sales Data  Updated at: 2025/06/04