anwhile, skipped 12.5% to 8,446 units.The top 5 brands were Toyota, Mitsubishi Motors, Ford, Nissan, and Suzuki.For 2024, CAMPI projected local vehicle sales to grow around 9% at the least from 2023 to reach 468,300 units. According to CAMPI president, there are several reasons for optimism despite inflation risks and the imminent taxation of double cap pickups, including new model introductions and the expansion of electrified vehicle line-up es...

Automotive Sales Data  Updated at: 2025/02/21

% market share. Suzuki was down 6.8% to 6,138 units and a 8.8% market share. Chairman of Gaikindo Jongkie Sugiarto said that the decline in car sales in Indonesia last month was caused by the effects of national economic growth which was also experiencing a slowdown. The benchmark interest rate and inflation that are still high have also made some consumers choose to hold back or postpone purchasing a new car in early 2024.Reflecting on this, Gai...

Automotive Sales Data  Updated at: 2025/02/10

AprilFive Korean automakers announced domestic new vehicle sales in April. New vehicle sales in South Korea decreased by 7.3% compared to the same month in the previous year to 118,978 units. This decrease in sales aligns with a notable downturn in consumer sentiment, primarily attributed to rapid inflation and persistently high interest rates on loans and installments in the domestic market.By company, Hyundai Motor was the leader with sales of...

Automotive Sales Data  Updated at: 2025/02/03

utomobile manufacturers association of Spain (ANFAC) announced that passenger car registrations of 77,892 units in October 2023 represented an increase 18.1% over the same month in 2022.Sales grows greater YoY than expected despite the current economic times, driven by decrease in the escalation of inflation and the brake on the rise in interest ratesm, as well as an improvement in the pace of vehicle production.Passenger car sales of 789,272 uni...

Automotive Sales Data  Updated at: 2024/11/07

mproved by 21.6% YoY to 36,714 units, slightly lower than the 37,086 units sold in July 2023. Sales of commercial vehicles and passenger cars in August reached 26,620 units (up 13.5% YoY) and 10,094 units (up 49.9% YoY), respectively.According to CAMPI president, amid the challenges brought by high inflation and its effect on the overall consumer confidence particularly for big-ticket items, consumer demand still drives the auto sales further. It...

Automotive Sales Data  Updated at: 2024/02/22

% market share. Contacted by Kompas.com, Gaikindo Secretary General Kukuh Kumara said that the decline that occurred was not common. It's just that currently they can't draw any conclusions as to what factors are the cause."But one of them, we strongly suspect is caused by global conditions because inflation in the United States (US) is rising. "Then there are also other factors such as the increase in fuel prices, although so far the influence o...

Automotive Sales Data  Updated at: 2024/02/13

o NAAMSA, the unexpected extent of the upswing in the new vehicle market during June 2023, for the second month in a row, exceeded expectations, despite ongoing increases in the total cost of ownership. Challenges confronting the economy and the automotive industry such as high interest rates, high inflation, and currency depreciation continue to strain consumers’ budgets and affordability appears to be driving new vehicle sales, underlined by ...

Automotive Sales Data  Updated at: 2024/02/05

621 vehicles, a 22.4% increase from a year ago in July.Guillermo Rosales, president of the Mexican Association of Automotive Distributors (AMDA), pointed out: "The situation is positive: we are seeing a recovery in the supply to the distribution networks and the demand has proven to be resistant to inflation and high rates of interest". Sales of new vehicles by type(including import cars) 2023 Jul. 2022 Jul. Y-o-Y 2023 Jan.-Jul. 2022 Jan.-Jul...

Automotive Sales Data  Updated at: 2024/02/05

and 13.5% in May, July growth was somewhat slower.The SAAR came in at 1.55 million units in July, a bit lower than the 1.64 million units seen in June.Scotiabank expects 1.66 mn auto sales in 2023 as rising production eases supply-side constraints and sales further increasing to 1.75 mn in 2024 as inflation comes down and rates pressures ease. Canada - Sales of new vehicles by type Jul. 2023 Jul. 2022 Y-o-Y Passenger cars N/A N/A -% Ligh...

Automotive Sales Data  Updated at: 2024/02/05

cularly disappointing October 2021 when deliveries fell by -24.6%.Sales of all vans to 3.5 tons decreased 18.4% to 22,386 units, sales of trucks between 3.5 and 6.0 tons decreased 27.2% to 273 units while sales of taxis decreased 34.0% to 157 units in October.Ongoing supply chain shortages, surging inflation and a growing cost of living crisis have led to a -2.2% downward revision of the new car market outlook for the year, with 1.566 million reg...

Automotive Sales Data  Updated at: 2023/02/08

.5%, and to corporate fleets 1.5% in December.Exports in December increased by 24.2% y/y to 26,302 units.According to NAAMSA, following a fairly upbeat first quarter 2022 industry performance, global supply chain disruptions along with the impact of the devastating floods in KwaZulu-Natal, elevated inflation, an upward trend in interest rates, record fuel prices, as well as record highs in the frequency and intensity of load shedding weighed heav...

Automotive Sales Data  Updated at: 2023/02/02

k rural demand, short term effects of demonetization, and rising fuel prices which leads to reduced and postponed purchase decisions. However, it is expected that there will be a gradual pick-up in demand starting in the next few months due to implementation of GST, Budget announcement, and reduced inflation and interest rates. Sales of commercial vehicles are expected to increase due to pre-buying of BS III norms trucks.India - New Vehicle Sales...

Automotive Sales Data  Updated at: 2017/01/11