IKINDO) and multiple sources, vehicle sales in Indonesia for Q1 2025 totaled 205,160 units, reflecting a 4.7% YoY decline.   In the month of March alone, sales fell 5.1% YoY to 70,892 units. Among the top 5 brands, Toyota led with a 31.7% market share, followed by Daihatsu at 18.4%, Honda at 8.9%, Mitsubishi at 8.1%, and Suzuki at 6.3%.   This decrease followed a 2.2% YoY increase in February 2025, likely driven by improving purchasing power an...

Market & Tech Reports  Updated at: 2025/05/21

ehicles (PPVs)) fell 37.7% to 182,000 units. Toyota (not including Lexus) was the leader in sales by manufacturer in 2024 with 241,000 units sold, down 13.5% from the previous 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 d...

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

March 24-25.   This year's event will feature a diverse lineup of international automotive brands, including Aion, Audi, Aston Martin, BMW, BYD, Changan (Deepal / AVATR), Chery, Farizon, Ford, Denza, Geely, GWM, Honda, Hyundai, Isuzu, Juneyao, Jeep, Lexus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nissan, Omoda & Jaecoo, Peugeot, Porsche, Riddara, Rolls-Royce, Suzuki, Toyota, Volvo, XPeng, and Zeekr. Additionally, the two-wheel...

Market & Tech Reports  Updated at: 2025/04/25

Indonesia: BYD, MG, Great Wall, Chery and VinFast entering EV market Tax incentives to continue, utilizing nickel to build EV ecosystem Summary Electrification policy: Tax incentives for EVs to continue in 2024 EV sales in Indonesia: 2023 sales increase 40% to 17,000 units Utilizing nickel ore to make Indonesia EV battery production hub Mitsubishi, Hyundai to increase production capacity, Citroen, BYD, Neta to start local manufacturing 2023 sales...

Market & Tech Reports  Updated at: 2024/04/12

lready exceeded 2019’s full year total of 369,941 units (pre-pandemic period). In 2023, CAMPI-TMA sales tallied 429,807 units (109,264 passenger cars and 320,543 commercial vehicles), representing a 21.9% growth from 2022. Toyota continued to lead the market with a 46.5% market share, followed by Mitsubishi Motors, Ford, Nissan, and Suzuki.   According to CAMPI president, 2023 was a very strong year for the local automotive market as vehicle s...

Market & Tech Reports  Updated at: 2024/02/16

atly by the consumer demand.   In the first 9 months of 2023, CAMPI-TMA sales climbed 26.9% YoY to reach 314,843 units (234,834 commercial vehicles and 80,009 passenger cars). The Philippines’ vehicle market in January-September 2023 was led by Toyota as it held a 45.8% market share, followed by Mitsubishi Motors and Ford.   With the buoyant market, CAMPI president believed that the local automotive industry would breach the highest pre-pande...

Market & Tech Reports  Updated at: 2023/11/15