selling days, one fewer than a year earlier. Light vehicle seasonally adjusted annual rate (SAAR) for November was 15.6 million units versus 16.5 million units one year ago.According to U.S. media reports, EV demand has weakened sharply following the expiration of the USD 7,500 federal EV purchase tax credit at the end of September. Additionally, as tariffed vehicles gradually replace non-tariffed inventories, prices have been rising and sales h...

Automotive Sales Data  Updated at: 2025/12/23

ng year-over-year (y/y) growth despite the relatively high base in 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 ...

Automotive Sales Data  Updated at: 2025/12/23

r production for November increased 2.2% over the previous year to 62,829 units. New car production for the first eleven months of 2025 decreased 6.4% from the same period in 2024 to 680,173 units.According to MAA, sales were still high amid a rush to purchase CBU battery EVs ahead of the expiry of tax exemptions at the end of December, as announced under the 2026 Budget. The strong momentum is expected to continue into December 2025.Malaysia - S...

Automotive Sales Data  Updated at: 2025/12/22

late economic growth. Among the proposed measures is a fund to cover losses on repossessed pickup trucks, providing up to THB 50,000 per vehicle. This initiative is designed to encourage banks to increase pickup truck loans by at least 30% compared with 2024, boosting sales, production, and related tax revenue. Thailand - Production and Retail Sales of new vehicles Aug. 2025 Aug. 2024 Growth Y-o-Y (%) Jan.-Aug. 2025 Jan.-Aug. 2024 Growth YTD ...

Automotive Sales Data  Updated at: 2025/12/22

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 rental companies and the federal government's program that provides for lower IPI (Tax on Industrial Property) taxes on compact cars have helped sustain car sales.Automobile production, sales, export units Type Sep. 2025 Sep. 202...

Automotive Sales Data  Updated at: 2025/12/09

SUV sales of 54,179 units represented a 0.1 % increase, LCV sales of 20,436 units represented a 4.6% decrease and MHCV sales of 3,426 units represented a 20.8% decrease.FCAI Chief Executive Tony Weber said that the earlier inclusion of plug-in hybrid electric vehicles (PHEVs) in the fringe benefits tax (FBT) exemption played a critical role in making these vehicles accessible to more Australians. Removing that support has led to an immediate and ...

Automotive Sales Data  Updated at: 2025/12/05

icle type Nov. 2025 Nov. 2024 Y-o-Y Jan.-Nov. 2025 Jan.-Nov. 2024 Y-o-Y Passenger cars 151,154 153,610 -1.6% 1,874,271 1,811,992 3.4% Commercial vehicles Vans 23,564 30,300 -22.2% 287,722 324,612 -11.4% Trucks (Under6t) 2,857 944 202.6% 12,934 8,567 51.0% Taxi N/A N/A -% N/A N/A -% Bus and coach N/A N/A -% N/A N/A -% Source: SMMT Registrations of new vehicles by make Pa...

Automotive Sales Data  Updated at: 2025/12/05

amid tariffs, counter-tariffsOn December 3, DesRosiers Automotive Consultants announced that approximately 142,000 light vehicles were sold in November, down 10.7% from a month earlier in October, and down 8.6% from November 2024, which saw sales then pumped up by Quebecers rushing to buy ZEVs for tax credits. Sales declines were widespread this November with the majority of high-volume manufacturers seeing their sales fall during the month.Nov...

Automotive Sales Data  Updated at: 2025/12/05

Five Korean automakers announced domestic new vehicle sales in November. New vehicle sales in South Korea decreased by 6.2% compared to the same month in the previous year to 115,933 units. While the U.S.–Korea tariff agreement eased part of the industry’s uncertainty, the expiration of U.S. EV tax credits, limited new model launches, and weak domestic demand weighed on sales.By company, Hyundai Motor led with 61,008 units sold (52.6% market ...

Automotive Sales Data  Updated at: 2025/12/03

et after February 2022, a significant deferred demand was formed. It has been being satisfied as the market is saturated with new models.In addition, expecting the increase in disposal fees from October 1, buyers are in a hurry to purchase a new car.We also should not forget about the change in the tax legislation and further decisions on the key rate. Thus, the August which is used to be "calm" due to holidays, hits a ten-year record.With a high...

Automotive Sales Data  Updated at: 2025/07/03

manufacturers are steadily increasing their presence in the Indonesian market.GAIKINDO hopes that car sales in Indonesia will return to normal in 2025, reaching 1 million units. This was conveyed by GAIKINDO Chairman I Jongkie Sugiarto, who said that in 2025 the industry will face the challenge of tax increases. Indonesia new vehicle sales by make (Wholesales) Maker/Brand Dec. 2024 Jan.-Dec. 2024 units Share Y-o-Y units Share Y-o-Y Toyota...

Automotive Sales Data  Updated at: 2025/07/02

xports totaled 369,000 units, up 47.5% y/y; CV exports totaled 74,000 units, up 46.9% y/y; NEV exports totaled 101,000 units, up 21.7% y/y.As for last year, in January 2023, affected by the Spring Festival holiday and with consumer demand partially overdrawn, coupled with the expiration of purchase tax incentives for conventional ICE vehicles and subsidy policies for New Energy Vehicles (NEVs), the performance of the auto market was lackluster, w...

Automotive Sales Data  Updated at: 2025/07/02

Korea decrease 5.8% in JulyFive Korean automakers announced domestic new vehicle sales in July. New vehicle sales in South Korea decreased by 5.8% compared to the same month in the previous year to 114,818 units. Automobile demand seems to have declined due to the termination of special consumption tax cut (from 5.0% to 3.5%) for passenger cars in the end of June and continued high interest rates.By company, Hyundai Motor was the leader with sale...

Automotive Sales Data  Updated at: 2025/06/04

73 units (43.0% share), fleet sales increased 38.7% to 1,041,350 units (54.7% share), and businesses sales decreased 1.5% to 44,031 units (2.3% share).Overall, BEVs accounted for one in six new cars registered in 2023, with the majority taken by business and fleet buyers who benefit from compelling tax incentives. In contrast, one in 11 private buyers chose a BEV. Since the end of the Plug-in Car Grant in June 2022, the UK is the only major Europ...

Automotive Sales Data  Updated at: 2025/06/04

that the growth in four-wheel sales from January to July 2023 was in line with the trend of economic growth which reached 5.17 percent in semester I/2023. GAIKINDO is also optimistic that car sales can reach 1.05 million units by the end of 2023.The Indonesian government has implemented Value Added Tax (VAT) incentives (PPN DTP) for the purchase of 4-wheeled electric cars and buses. This DTP VAT incentive is valid for the tax period from April to...

Automotive Sales Data  Updated at: 2025/06/04

es increase 15.3% and 9.7% in March, respectivelyOn April 11, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for March 2023 in China.In Q1 2023, the Chinese auto industry entered a promotion policy switching period. The expiration of purchase tax incentives for conventional ICE vehicles and subsidies for New Energy Vehicles (NEVs) triggered advance consumption at the end of last year and fo...

Automotive Sales Data  Updated at: 2025/06/04

0% from the same period in 2022 to 239,183 units.The number of Malaysian car production for April decreased 24.8% over the previous year to 41,160 units.New car production for the first four months of 2023 increased 14.7% from the same period in 2022 to 239,554 units.Due to the end of PENJANA Sales Tax Exemption scheme and shorter working month given the festive Hari Raya Adilfitri holidays, sales and production were sharply decreased. Malaysia -...

Automotive Sales Data  Updated at: 2025/06/04

r the previous year to 68,881 units. Full-year production of 702,275 vehicles in 2022 represented a increase of 45.8% from 2021.MAA forecasts that total industry volume will decline by 9.8% to 650,000 units in 2023 after surpassing the 700,000 mark in 2022, mainly due to the expiration of the sales tax exemption on March 31, 2023. Malaysia - Sales and Production of new Vehicles Type Dec. 2022 Dec. 2021 Y-o-Y Jan.-Dec. 2022 Jan.-Dec. 2021 Y-o-...

Automotive Sales Data  Updated at: 2025/06/04

trend of a slight market decrease continues in 2022 as expected: 91,662 new vehicles and LCVs were sold in the first month 2022 which is 3,7% less than a year before. LCVs also decreased, but with -15% even significantly due to low business during New Year season. After the return of the 15% import tax duty for BEVs we start witnessing increase of their prices for end customers. As forecasted, we do not expect any fast market recovery this year, ...

Automotive Sales Data  Updated at: 2025/06/04

9 outbreaks hitting the auto consumer market, consumers’ demand for purchasing vehicles cooled down, bringing heavy pressure to the stable operation of the auto market. The CAAM believes that China’s auto industry is in a critical period of transformation and upgrade, and suggests that purchase tax incentives for conventional ICE vehicles and local consumption boosting policies be renewed in 2023 to promote industrial development.Overall vehi...

Automotive Sales Data  Updated at: 2025/06/04