vious year, and holds a 38.1% share of the market. Isuzu followed in second place with a 13.9% share, Honda in third with 13.1%, Mitsubishi in fourth with 4.5%, and Ford in fifth with 4.2%. The top five models in terms of sales for the year (according to MarkLines Data Center data) were the Toyota Hilux in first place with 77,000 units sold, the Isuzu D-MAX in second place with 66,000 units, the Toyota Yaris ATIV in third place with 48,000 units...

Market & Tech Reports  Updated at: 2025/05/12

Bangkok International Motor Show 2025 (2) Japanese & European OEMs Mitsubishi, Mazda, Honda, Nissan, Suzuki, Isuzu, and others Summary Mitsubishi: Xforce HEV Mazda: Iconic SP compact electric sports car Honda: e:N1 and City Hatchback DRIVAL Nissan: Serena e-POWER Suzuki: Swift and Carry Isuzu: Dragon Max pickup truck Toyota: Hilux Champ, Lexus RX 450h+ PHEV Ford: Everest Sport Special Edition Hyundai: N Line Series Volvo: XC90 PHEV and EX90 BEV ...

Market & Tech Reports  Updated at: 2025/05/08

The Group has been promoting HEVs in a wide range of segments, including sedans, SUVs, and pickup trucks, as a pillar of sales expansion. In December 2024, the company reported that its HEV share had exceeded its target and reached 30%.   High-selling models include the Thai-produced pickup truck Hilux and subcompact Yaris, and the Canadian-produced RAV4, and most of the domestic Mexican sales were imported vehicles (the proportion of import ve...

Market & Tech Reports  Updated at: 2025/04/30

Indonesia to reportedly export EV battery precursor to Tesla, U.S. in November (October 21, 2024) https://www.marklines.com/en/news/316324 Indonesia Battery Corp. joins CATL subsidiary to build battery cell plant in Karawang (October 21, 2024) https://www.marklines.com/en/news/316334 All-new Toyota Hilux Rangga launched in Indonesia (October 16, 2024) https://www.marklines.com/en/news/316081   Philippines Toyota Philippines launches locally-made...

Market & Tech Reports  Updated at: 2025/02/25

Flex-Fuel vehicles   The Multi-Pathway Zone highlighted Toyota’s latest advancements in electrified and alternative fuel technologies. It included battery electric vehicles (BEVs) such as the bZ4X and the URBAN BEV concept, as well as a fuel cell electric vehicle (FCEV) with the hydrogen-powered Hilux FCEV.   The zone also featured a plug-in hybrid electric vehicle (PHEV) with a cut-section model of the Prius, a strong hybrid electric vehicle...

Market & Tech Reports  Updated at: 2025/02/13

ernational Motor Show 2024 (3) VinFast, European OEMs (Apr. 2024)Bangkok International Motor Show 2024 (2) Japanese OEMs (Apr. 2024)Bangkok International Motor Show 2024 (1) Chinese OEMs (Apr. 2024)Thailand: Chinese OEMs to build EV production facilities (Mar. 2024) Toyota Fortuner Toyota Hilux Champ Popcorn Mobile Truck edition Toyota Camry HEV Toyota Yaris Ativ Nightshade   Toyota's booth was exhibited under the theme "M...

Market & Tech Reports  Updated at: 2025/01/16

IAA Transportation 2024: Premiere of BEV Trucks MAN, Volvo, Ford, and Asian commercial vehicles Summary MAN: World premiere of the eTGL, celebrating the hydrogen-powered hTGX Volvo Trucks: The new FH Aero lineup, FM low entry and VNL for the American market Ford: Unveiling of Ranger PHEV and battery-electric F-Line E Toyota: Premiere of the BEV Proace Max, presentation of the Hilux 48V Mild-Hybrid Concept and FCEV Prototype Isuzu Anadolu: Launch ...

Market & Tech Reports  Updated at: 2024/12/05

22 Thailand and Indonesia export 1.12 million and 510,000 vehicles, respectively, in 2023 ASEAN new vehicle sales in six major countries decline 0.7% to 3.4 million units in 2023 Sales Forecast by GlobalData: ASEAN sales to grow to 3.84 million units in 2027 Toyota new IMV Series pickup truck Hilux Champ (released in Thailand in November 2023) (Source: Toyota)   Vehicle production in four major ASEAN countries declined by 1.0% year-over...

Market & Tech Reports  Updated at: 2024/10/02

n 2023, Toyota Mexico's domestic vehicle sales were up 8.9% y/y to 106,794 units. This is the third consecutive year of volume growth, but market share declined by 1.1% pt from the previous 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...

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

  ASEAN Market Report Bangkok International Motor Show 2024 (3) VinFast, European OEMsBEVs from VinFast, Kia, European brands, and Thai brand electric commercial vehicles https://www.marklines.com/en/report/rep2649_202404 Bangkok International Motor Show 2024 (2) Japanese OEMsIsuzu D-Max EV, Toyota Hilux Revo-e BEV, Mitsubishi Xpander HEV, etc. https://www.marklines.com/en/report/rep2648_202404 Bangkok International Motor Show 2024 (1) Chinese O...

Market & Tech Reports  Updated at: 2024/05/14

  Among the highlights of this show included Hyper Concept models, such as Mercedes-Benz Vision ONE-ELEVEN, Nissan Hyper Tourer Concept, along with other BEV models such as Changan Lumin Mini EV, MG Cyberster, VinFast VF 7, VinFast VF Wild Pickup Concept, Honda e:N1, Isuzu D-Max EV Concept, Toyota Hilux Revo BEV Concept, Neta V-II, Xpeng G6, Zeekr X, and electrified models such as GWM Poer Sahar HEV, Suzuki XL7 HEV, etc.   GPI expected that the...

Market & Tech Reports  Updated at: 2024/04/30

Bangkok International Motor Show 2024 (2) Japanese OEMs Isuzu D-Max EV, Toyota Hilux Revo-e BEV, Mitsubishi Xpander HEV, etc. Summary Isuzu D-Max EV Concept one-ton electric pickup truck Toyota Hilux Revo-e BEV pickup truck Lexus LBX Hybrid crossover Nissan Hyper Tourer all-electric autonomous driving concept minivan Mitsubishi Xpander HEV - Thai-made hybrid MPV Suzuki eWX Concept and XL7 Hybrid Multi-Dynamic Crossover Mazda MX-30 e-SKYACTIV R-...

Market & Tech Reports  Updated at: 2024/04/26

  Among the highlights of this show included Hyper Concept models, such as Mercedes-Benz Vision ONE-ELEVEN, Nissan Hyper Tourer Concept, along with other BEV models such as Changan Lumin Mini EV, MG Cyberster, VinFast VF 7, VinFast VF Wild Pickup Concept, Honda e:N1, Isuzu D-Max EV Concept, Toyota Hilux Revo BEV Concept, Neta V-II, Xpeng G6, Zeekr X, and electrified models such as GWM Poer Sahar HEV, Suzuki XL7 HEV, etc.   GPI expected that the...

Market & Tech Reports  Updated at: 2024/04/19

ation initiatives under the theme of “Grow India - Grow with India.”   TKM showcased its full range of electrified vehicles (EV), featuring the MIRAI fuel cell EV, the powerful hybrid EV - Innova HyCross, the electrified Innova HyCross flex fuel prototype, the Hyryder CNG, a specially modified Hilux as an Emergency Response Vehicle.   The HyCross flex fuel prototype is a new concept. In a vehicle cutaway, TKM presented its hybrid technology...

Market & Tech Reports  Updated at: 2024/03/08

The 22nd CTI Symposium: Carbon Free Mobility Presentations from VW, Toyota, ZF, and Amsted Summary Transformation Story to an Electric Powertrain Supplier (Volkswagen Group Components) Development of a Prototype Fuel Cell Powered Hilux (Toyota Motor Europe) I²SM - a sustainable, compact, and highly efficient e-drive system (ZF Friedrichshafen) Novel Multi-Functional Shift system for EV Drivetrains (Amsted Automotive)   The CTI Symposium, founde...

Market & Tech Reports  Updated at: 2024/03/07

nked first in market share at 33.2%. Isuzu ranked second at 19.4%, followed by Honda, ranking third at 10.9%. Then, Ford ranked fourth at 5.0% and Mitsubishi fifth at 4.5%.   According to 2023 data compiled by Toyota Motor Thailand, the Isuzu D-Max was the bestselling model, followed by the Toyota Hilux, the Toyota Yaris ATIV, the Honda City and the Ford Ranger.   Regarding the launch of new models (other than EV models mentioned above), Toyota...

Market & Tech Reports  Updated at: 2024/03/05

.6 M units, Production of BEVs from 2025 (Jan. 2023) Indian Market Transitioning Towards Electric Mobility (Jul. 2022)     The world's top-selling automaker Toyota operates in India with Kirloskar Systems Limited. It has a plant in Bidadi where it manufactures Camry Hybrid, Urban Cruiser Hyryder, Hilux, Innova, and Fortuner as well as re-badged vehicles for Maruti Suzuki. The synergy between Toyota and Suzuki results in better capacity utilizat...

Market & Tech Reports  Updated at: 2023/12/28

Thailand International Motor Expo 2023 (2) Pickup trucks lineup and electrified vehicles from Japanese OEMs Summary NEX Point: MINE BEV Pickup truck Toyota: All-new Hilux Champ pickup Mitsubishi: All-new Triton pickup Isuzu: MU-X PPV and D-Max V-Cross pickup Ford: Ranger Raptor pickup Jeep and Maserati models Tata: Super Ace truck Lexus: RX 500h F SPORT Performance HEV Honda: Accord e:HEV and lineup of e:HEV models Nissan: Kicks e-POWER Suzuki: S...

Market & Tech Reports  Updated at: 2023/12/27

e Thailand, Felo, Hanway, Harley-Davidson, Thai Honda, I-Motor, Kawasaki, Lambretta, LYVA, Rapid, Royal Alloy, Royal Enfield, Scomadi, Smogo, Solar, Suzuki, Triumph, Yamaha, and Zeeho.   Among the highlight models were the Hyundai IONIQ Seven Concept, Hyundai N Vision 74, Hyundai Elantra N, Toyota Hilux Champ, BMW XM LABEL RED, Yangwang U8 PHEV, Lexus RX 500 h F Sport, Maserati Grecale, Mercedes-Benz GLC 220 D 4MATIC Avantgarde, MINI Clubman Coo...

Market & Tech Reports  Updated at: 2023/12/27

les increased 0.8 percentage points from the previous month to 3.0%, and other manufacturers are also increasing their market share. Japanese-affiliated Toyota and Honda are increasing their market share of HVs as well as electric vehicles.   Toyota has unveiled a prototype of an FCEV based on the Hilux at its vehicle plant in the UK. Toyota is promoting electrification not only with BEVs but also with FCEVs.   While each company is pursuing an...

Market & Tech Reports  Updated at: 2023/09/26