ious year to 7.8%. Almost all Toyota vehicles sold in Mexico are imported. In 2023, the best-selling model was the Hilux pickup truck manufactured by the company's Thai subsidiary, followed by the RAV4 mid-size SUV produced at the Canada plant, the Yaris subcompact car produced in Thailand, and the Avanza MPV produced in Indonesia. Thailand-produced vehicles accounted for the largest proportion of Toyota's imported vehicles and 30.1% of total sal...

Market & Tech Reports  Updated at: 2024/06/14

Vietnam Factory No. 2 officially inaugurated with planned annual capacity of 100,000 cars (Nov 16, 2022) https://www.marklines.com/en/news/278960 CATL forms global strategic cooperation with VinFast on skateboard chassis (Nov 3, 2022) https://www.marklines.com/en/news/278039 Toyota Veloz Cross and Avanza Premio to be locally assembled in Vietnam from December 2022 (Oct 28, 2022) https://www.marklines.com/en/news/277947 Mitsubishi Motors holds wo...

Market & Tech Reports  Updated at: 2023/02/15

nsion of exports in the future.   Activities related to export by Toyota, Honda, Suzuki and Hyundai Toyota In February 2022 in Thailand, Toyota launched the 7-seater crossover MPV all-new Veloz imported from Indonesia. In March 2022 in Vietnam, Toyota released the all-new Veloz Cross and new Avanza Premio seven-seater MPVs imported from Indonesia. The Veloz Cross is equipped with a 1.5L engine mated to a D-CVT, while the Avanza Premio come...

Market & Tech Reports  Updated at: 2023/01/27

, 9 steering system parts, 8 brake system parts, 3 suspension parts, and 40 other components. The requirement is that at least 70% of these parts must be procured locally.   Models (engine displacement 1500 cc or less) covered by PPnBM incentive scheme (21 models) Toyota Yaris, Vios, Sienta, Avanza, Rush, Raize Daihatsu Xenia, Gran Max, Luxio, Terios, Rocky Mitsubishi Xpander, Xpander Cross Nissan Livina Honda Brio RS, Mobilio, BR-...

Market & Tech Reports  Updated at: 2021/10/20

izing interest on auto loans and providing IDR 70 trillion Export trends: Honda Brio contributes to the increase in CKD unit exports Production trends: Hyundai Motor building a new plant, an Indonesian automaker opens its first plant Domestic market: MPV sales account for 43.7% of the total, Toyota Avanza and Mitsubishi Xpander contributing to sales Production forecast by LMC Automotive: Indonesian production to fall to 667,000 units in 2020   A...

Market & Tech Reports  Updated at: 2020/08/25

for Complete Build-Up (CBU) vehicles shows an upward trend with an increase in 2018 by 14.4% compared to the previous year, and 25.6% during the January ~ March 2019 timeframe compared to the same period in the previous year. The main export models are the Toyota Fortuner (SUV), Rush (compact SUV), Avanza (MPV), and the Mitsubishi Xpander (MPV). Suzuki is planning to double the export volumes of its Ertiga (MPV) to 24,000 units in 2022. Honda sta...

Market & Tech Reports  Updated at: 2019/05/21

y being manufactured domestically. Thailand is gradually becoming a global production base not only for compact vehicles, but also for pickup trucks such as the Toyota Hilux, Nissan Navara, Mitsubishi Triton, and Isuzu D-Max. Indonesia has developed as a production base for MPVs, such as the Toyota Avanza, Daihatsu Xenia, and Honda Mobilio, which make up roughly 40% of domestic sales. In recent years, crossover models that feature the sporty exte...

Market & Tech Reports  Updated at: 2018/01/05

the sporty aesthetics and performance of SUVs, and the spacious interior room and assorted functions of MPVs. Source: MarkLines yearly vehicle sales data by maker/brand in IndonesiaNote: Nissan's Datsun GO and GO+ are included in passenger vehicle category.   Toyota's mainstay MPV, the Avanza, is the best-selling model in the Indonesian market, with 124,787 vehicles sold in 2016 (see Table 4). Its sibling vehicle, Daihatsu's Xenia, i...

Market & Tech Reports  Updated at: 2017/09/12

vehicle business to Daihatsu. The main points from a speech by Daihatsu's President A-segment car strategy  The two companies' domestic and international strategy has been to develop and market similar "sibling" models like the Daihatsu Boon and Toyota Passo, or the Daihatsu Xenia and Toyota Avanza. Going forward, both companies will focus on further differentiating those designs and specifications, and offering ever-better cars that fully...

Market & Tech Reports  Updated at: 2016/03/28

sales rankings by automaker in Indonesia (registered vehicles excluding heavy-duty commercial vehicles), the market leader Toyota saw a drop of 16.9% y/y to 334,000 units, and Daihatsu, which came in second, experienced a decline of 8.3% y/y to 161,000 units. Sales of core products like the Toyota Avanza and Daihatsu Xenia MPVs as well as LCGC-certified vehicles including the Toyota Agya and Daihatsu Ayla decreased by 14-16% y/y. Toyota expects ...

Market & Tech Reports  Updated at: 2016/03/18

share, while Daihatsu keeps the second at 14.8%. Toyota Group accounted for 48.5% of the market, down from over 50% in the previous year. The Toyota Vios, a compact sedan designed for emerging markets, and LCGC-certified Toyota Agya and Daihatsu Ayla increased sales. Meanwhile, sales of the Toyota Avanza and Daihatsu Xenia, their leading MPV models, declined by 23-30% year-on-year.  Despite the stagnant market in 2014, Honda's sales surged and ...

Market & Tech Reports  Updated at: 2015/03/11

ficient, low-cost Ayla (3,800 units/month), which was launched last year and is Daihatsu's first LCGC; the Gran Max (4,400 units/month), which is sold in Japan as the Toyota Townace/Liteace; and the small-size SUV Terios/Be-go (1,650/month). Xenia Vehicle type 7-seater, small-size MPV Xenia and Avanza are best sellers in Indonesia Unit sales 5,400 units/month (2013) Vehicles in same family of car Toyota Avanza (built on OEM basis; 210,000...

Market & Tech Reports  Updated at: 2014/10/09

ng) India Land Cruiser Prado Koito Manufacturing - Koito Manufacturing India Etios Koito Manufacturing(India Japan Lighting) - - Indonesia Kijang Innova Ichikoh Industries(P.T. Ichikoh Indonesia) Ichikoh Industries(P.T. Ichikoh Indonesia) Ichikoh Industries(P.T. Ichikoh Indonesia) Indonesia Avanza (Daihatsu "Xenia") Koito Manufacturing(PT. Indonesia Koito) Ichikoh Industries(P.T. Ichikoh Indonesia) - Indonesia Agya (Daihatsu "Ayla") Koi...

Market & Tech Reports  Updated at: 2014/07/22

Honda’s share in the total automotive market was 16.1%, which propelled the company to the number two position for the first time.   Indonesia: Honda launches the LCGC compliant Brio Satya, and the Mobilio MPV  The Indonesian automotive market has been dominated by minivans such as the Toyota Avanza. However, ever since the Indonesian government launched its Low Cost Green Car (LCGC) Program in September 2013, sales of compact sedans and ha...

Market & Tech Reports  Updated at: 2014/05/27

is highest since Lehman Brothers crisis (Nov. 2013)  In 2013, Toyota Group acquired a share of over 50% of the Indonesian auto market (excluding heavy-duty commercial vehicles), whereas Toyota maintains the top position at 37.0% and Daihatsu the second at 15.6%. Toyota's sales were boosted by its Avanza MPV, Etios Valco designed for emerging markets, and LCGC-certified Agya. As for Daihatsu, its Xenia MPV, Terios SUV and LCGC-certified Ayla sup...

Market & Tech Reports  Updated at: 2014/04/16

47,227 -1.5% 7.8% Total 284,431 306,036 7.6% 100.0% 535,261 601,952 12.5% 100.0% Source: Astra International (Table 3): Indonesia Top 10 Selling Models for First Half 2013 （Units） RankBrandModelQ2 2012 （Apr.-Jun.）Q2 2013 （Apr.-Jun.）Y-o-YJan.-Jun. 2012Jan.-Jun.2013Y-o-Y 1 Toyota Avanza 49,080 52,744 7.5% 97,078 103,096 6.2% 2 Daihatsu Gran Max 13,422 16,295 21.4% 26,105 37,513 43.7% 3 Daihatsu Xenia 18,089 17,995 -0.5% 36,...

Market & Tech Reports  Updated at: 2013/09/04

e last few years. It estimates that the scale of the market in Indonesia will grow from 1.13 million units in FY2012 to 1.25 million units in FY2013.  The Sunter plant of Daihatsu subsidiary, Astra Daihatsu Motor has a production capacity of 330,000 vehicles per year. The plant produces the Toyota Avanza/Rush, boasting the largest production volume in Indonesia.  In October 2012, Daihatsu completed its Karawang plant as a second vehicle plant w...

Market & Tech Reports  Updated at: 2013/08/20

o have a share over 50% with Toyota holding the largest share of 37.1% and Daihatsu the second largest of 15.1%.  Three-row seating multi-purpose vehicles (MPV) account for around 60% of the Indonesian auto market. Toyota Group dominates the market with the top three models of this segment: Toyota Avanza, Daihatsu Xenia, and Toyota Innova.  Besides MPVs, the market for the affordable compact eco-cars is expected to expand, supported by the ince...

Market & Tech Reports  Updated at: 2013/03/15

40 million people but the diffusion rate of motor vehicles is low, which means Indonesia has a great potential of growth.  In 2012, Toyota enjoyed a market share of 36%, or more than 50% including Daihatsu vehicles, in Indonesia. The main contributors there have been the small-size minivan, Toyota Avanza and Daihatsu Xenia, and IMV series minivan Innova.  Daihatsu's Sunter Plant is producing Toyota's Avanza on OEM arrangement to support its sal...

Market & Tech Reports  Updated at: 2013/03/12

units. Strengthening the MPV lineup  In FY2011, Nissan sold 60,400 units, up 41.8% y/y. In June 2012, it introduced the Evalia, a 7-seater minivan produced in Indonesia. The model, based on the NV200 Vanette, is positioned one rank lower than the Grand Livina to compete with best-selling Toyota Avanza and Daihatsu Xenia.  In FY2012, additional models including the Elgrand and the Serena will be launched to strengthen the MPV lineup in an a...

Market & Tech Reports  Updated at: 2012/07/19