passenger vehicle (PV) market declined, while the commercial vehicle (CV) market maintained a positive trend. The New Energy Vehicle (NEV) market operated steadily, and vehicle exports continued to grow. The main factors leading to the market decline were: first, adjustments to the NEV purchase tax policy; second, the year-end transition of car purchase subsidy policies across many regions; and third, the pull-forward of some consumer demand in 2...

Automotive Sales Data  Updated at: 2026/03/24

upply chains amid improving semiconductor availability. In addition, vehicle lineups in the Mexican market have expanded. Meanwhile, on January 1, the Mexican government significantly raised tariffs on imported vehicles and auto parts from non-FTA countries such as China. Developments in U.S. trade policy will continue to warrant close monitoring going forward.Sales of new vehicles by type(including import cars) 2026 Jan. 2025 Jan. Y-o-Y Ca...

Automotive Sales Data  Updated at: 2026/03/10

t-selling model in November with 4,562 units, followed by Isuzu D-Max with 3,667 units, Toyota Hilux with 3,516 units, Toyota Yaris Cross with 2,411 units and Honda City with 2,004 units. Sales momentum was supported by stronger financial conditions among pickup buyers and the Bank of Thailand’s policy rate cut, which eased financing burdens, improved disposable income, and helped sustain pickup demand.Vehicle production in November increased ...

Automotive Sales Data  Updated at: 2026/02/24

overy shows that the Vietnamese market is gradually passing through the low-level period of purchasing power after the Lunar New Year. Some industry experts said that Vietnam’s automobile market will continue to boom in the coming time, with the emergence of new models, promotions, the government policy of 0% registration fee for electric cars. Sales volume by type of VAMA members * Feb. 2025 Feb. 2024 Y-o-Y Jan. -Feb. 2025 Jan. -Feb. 2024 ...

Automotive Sales Data  Updated at: 2026/02/12

the same period in 2024. Amid a series of preferential policies from the central and regional governments, the New Energy Vehicle (NEV) market was robust. A purchase rush emerged prior to January 2026 adjustments to the NEV purchase tax policies and drove automakers to seize the window for year-end policy changes, maintaining a rather fast production and supply pace. On the other hand, data from the China Passenger Car Association (CPCA) indicate...

Automotive Sales Data  Updated at: 2026/02/10

ased 48.2% to 6,964 units (3.0% share).Cumulative sales for the seven months of the year were up 4.1% y/y to 1,442,327 units.On July 10, Scotiabank maintained its previous June forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026.“The new IPI policy for automobiles has impacted the prices of entry vehicles, stimulating demand already in the month of its implementation. This should reflect o...

Automotive Sales Data  Updated at: 2026/02/09

ertainty in the outlook, the sector continues growing, albeit at a slower pace than last year. New Asian brands will have a significant presence in the market, partly due to their more accessible prices. However, the origin of these new players’ vehicles will be a relevant issue, as an industrial policy imposing tariffs on Chinese-origin vehicles could slow sales growth. Sales of new vehicles by type(including import cars) 2025 Feb. 2024 Fe...

Automotive Sales Data  Updated at: 2026/02/06

n September, up from the 160,000 units sold in August, and up 3.7% from September 2024, with one more selling day this year than last. The SAAR in September was at 1.85 million.In September, the Canadian federal government paused the ZEV mandate for 2026 and announced a broader 60-day review of the policy, as sales remained well below the various ZEV percentage targets in Canadian jurisdictions. The Quebec government took a step back and announce...

Automotive Sales Data  Updated at: 2026/02/05

just how resilient and responsive our domestic market truly is. Strong consumer demand, supported by positive economic fundamentals, has helped the automotive sector deliver impressive growth amid global turbulence. At naamsa, we recognise this momentum as a reflection of supportive macro-economic policy choices and a highly adaptive industry. As 2025 marks a critical inflection point for the sector, we look forward to progressive policy support...

Automotive Sales Data  Updated at: 2026/02/03

are. Cumulative sales for the eight months of the year were up 2.4% y/y to 188,997 units.Auto sales in Vietnam decreased by 12.9% month-on-month in August. The decline in sales in August 2024 was a predictable scenario as, in addition to the taboo mentality, people continued to wait for the State's policy of reducing registration fees. However, this is just a quiet note preparing for the boom period in the remaining months of the year. Because, t...

Automotive Sales Data  Updated at: 2025/07/03

s, and improving employment data in recent months. Moreover, the sales performance was pushed by the double-digit growth in consumer loans, particularly auto loans, despite relatively higher interest rates that increased borrowing/financing costs since 2022. Lower Fed (US Federal Reserve) and local policy rates are expected to help increase demand for auto loans and vehicle purchases.Philippines - Sales of new vehicles Type Aug. 2024 Aug. 2023...

Automotive Sales Data  Updated at: 2025/07/03

4% over the previous year to 63,962 units. Total production in 2024 increased 2.0% from the same period in 2023 to 790,347 units.MAA announced that Malaysia broke the 800,000 units sales record for the first time in 2024. MAA 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...

Automotive Sales Data  Updated at: 2025/07/02

um and have a large market share.According to the CAAM, at present, exports are an important growth driver, while insufficient domestic demand remains a prominent problem that needs to be addressed in 2024. It is hoped that the Chinese government will continue to offer the auto industry a favorable policy environment by promoting a new round of large-scale equipment renewal and the early refinement and implementation of policies and measures such...

Automotive Sales Data  Updated at: 2025/07/02

ring the month, another welcome development was the renewed collaboration between business and government to urgently tackle key current challenges relating to energy, infrastructure and transport logistics, as well as combating crime. If successful, the collaboration efforts could assist to reduce policy uncertainty and promote a more predictable economic environment which would enable much higher levels of investment, growth and job creation an...

Automotive Sales Data  Updated at: 2025/06/04

production and sales results for June 2023.In June 2023, China’s vehicle production and sales volumes both increased year-over-year (y/y), resulting in large increase for the first half of the year. This is mainly because demand in China’s auto market, where there was the impact of a promotion policy switch and price fluctuations in Q1, is gradually recovering due to the joint stimulation of central and regional consumption promotion policie...

Automotive Sales Data  Updated at: 2025/06/04

74 units.According to industry experts, the main cause of the above decline is the semiconductor crisis and the lack of chips that have not been resolved on a global scale, as well as the political impact in some regions. This has affected the production output of car manufacturers.In addition, the policy of 50% reduction in registration fees for domestically assembled cars ended at the end of May, so many people bought cars in the previous perio...

Automotive Sales Data  Updated at: 2025/06/04

diminished. In July, New Energy Vehicle (NEV) production and sales maintained rapid y/y growth, and auto exports hit a record high. Seventeen Chinese ministries led by the Ministry of Commerce of China (MOFCOM) jointly issued a notice on several measures to enhance auto consumption, which provided policy guarantees for stimulating the auto market.Overall vehicle production and sales in July totaled 2.455 million units and 2.42 million units, rep...

Automotive Sales Data  Updated at: 2025/06/04

ter than what was expected at the beginning of the month.In November 2021, production and sales both kept declining year-over-year (y/y). Passenger vehicle production and sales achieved month-over-month (m/m) growth. Owing to factors such as the implementation of China VI emissions standard and the policy adjustments for “light trucks with a blue plate” (for example, the total weight standard of “a light truck with a blue plate” has been ...

Automotive Sales Data  Updated at: 2025/06/04

l.According to Scotiabank, given fleet sales are still depressed, the retail sales rebound is even stronger, showing signs of not only pent-up demand, but also pandemicmotivated purchases.Scotiabank maintain its sales forecast outlook at 1.6 mn units for 2020 with some further upside from these new policy supports along with the stronger economic recovery profile, but still note considerable downside risks on the horizon, particularly south of th...

Automotive Sales Data  Updated at: 2025/06/04

les to businesses decreased 29.0% to 3,845 units (2.1% share).Sales of all vans to 3.5 tons increased 5.4% this May to 29,142 units.Sales of trucks between 3.5 and 6.0 tons decreased 33.3% to 616 units in May.Sales of taxis increased 99.2% to 245 units in May.Mike Hawes, CEO of SMMT said "Confusing policy messages and changes to incentives continue to affect consumer and business confidence, causing drivers to keep hold of their older, more pollu...

Automotive Sales Data  Updated at: 2020/01/10