chnology, the number of customers opting for electric or plug-in hybrid vehicles continues to rise, with their combined market share staying above 20%.”GANVAM explained that “Purchases by private individuals are driving market growth in March, coinciding with the reinstatement of the 15% income tax deduction for the purchase of electrified vehicles. Given that the average age of the vehicle fleet has already reached 14.6 years, there is an ur...

Automotive Sales Data  Updated at: 2026/04/03

tellantis/Tesla, etc.), aggregated by MarkLines as of April 2, totaled 1,405,817 units, down 11.8% year over year. March had 25 selling days, one fewer than a year earlier.According to U.S. media reports, March auto sales reflected a slowing market, as elevated vehicle prices, the end of federal EV tax credits, and weakening consumer sentiment continued to weigh on demand. Severe winter weather also had an impact. In addition, the year-over-year ...

Automotive Sales Data  Updated at: 2026/04/02

The 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 ...

Automotive Sales Data  Updated at: 2026/03/24

2.8% to 21,840 units, representing 24.2% of the market. February was, however, the second consecutive month of decline in BEV market share compared with the same period last year – a dip that partly reflects a strong start to 2025, when new BEV buyers sought to avoid April’s introduction of new tax rates, and comes after a strong push at the end last year to comply with the Zero Emission Vehicle Mandate.In February, private car sales jumped 1...

Automotive Sales Data  Updated at: 2026/03/06

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: 2026/02/24

% over the previous year to 67,177 units. Total production in 2025 decreased 5.4% from the same period in 2024 to 747,780 units.According to MAA, December sales surged significantly, setting a new record high, driven by year-end shopping season demand and a rush to purchase before the expiration of tax incentives for imported electric vehicles.In 2026, sales are forecast to decline to 790,000 units, reflecting factors such as moderate GDP growth ...

Automotive Sales Data  Updated at: 2026/02/16

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: 2026/02/10

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: 2026/02/09

registrations for the first time this decade is a reasonably solid result amid tough economic and geopolitical headwinds. Rising EV uptake is an undoubted positive, but the pace is still too slow and the cost to industry too high. Government has stepped in with the Electric Car Grant, but a new EV tax, additional charges for EV drivers in London and costly public charging send mixed signals. Given developments abroad, government should bring for...

Automotive Sales Data  Updated at: 2026/02/06

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: 2026/02/05

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: 2026/02/04

r the full year, up 2.7% year-on-year. December had 26 business days, one more than the same month last year. Light vehicle seasonally adjusted annual rate (SAAR) for December was 16.0 million units versus 16.8 million units one year ago.Following the expiration of the federal electric vehicle (EV) tax credit of up to $7,500 at the end of September last year, EV demand fell significantly, and total demand, which had been strong until then, has de...

Automotive Sales Data  Updated at: 2026/02/04

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: 2026/02/02

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