hailand's domestic sales by vehicle type in 2024, passenger car sales decreased by 16.5% y/y to 417,000 units, and commercial vehicle sales fell by 36.4% to 218,000 units. Among commercial vehicles, 1-ton pickup trucks (including Pickup-based Passenger Vehicles (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 3...

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

5%. Trends in electric vehicle sales: EVs including HEVs grow by nearly 70% Sales volume by OEM: Nissan maintains top share, followed by GM and VW Chinese OEMs: Accounting for about 10% of domestic sales in Mexico in 2024 U.S. OEMs: GM and Ford sales up, Stellantis sales down Japanese OEMs: Nissan, Toyota, Mazda, and Honda experience double-digit y/y growth Volkswagen Group (VW): Significant sales growth for the second consecutive year; Indian-ma...

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

Manufacturers Association (GAIKINDO) and multiple sources, new vehicle sales in Indonesia dropped 3.9%, 11.9%, and 6.4% (YoY) in October, November, and December, respectively. In 2024, vehicle sales went down by 13.9% YoY to 865,723 units, surpassing the revised target of 850,000 units.   In 2024, Toyota garnered a 33.4% market share, followed by Daihatsu (18.8%), Honda (10.9%), Wuling (2.5%), and BYD (1.8%). Chinese manufacturers are steadily i...

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

in partnership with TVS Tata Motors: Avinya X Concept, and flex fuel engine Vinfast: Debut in India by launching VF 6 and VF 7 electric vehicles Kia India: New EV6, and Syros sub-compact SUV BYD India: Sealion 7 electric SUV, Sealion 6 PHEV, and Yangwang U8 luxury SUV Isuzu Motors: D-Max EV Concept Toyota Kirloskar Motor (TKM): Urban BEV Concept, Multi-Pathway Zone Mahindra and Mahindra: electric BE 6 and XEV 9e   India is one of the leading man...

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

Thailand International Motor Expo 2024 (2) Japanese OEMs and Others Toyota, Honda, Mitsubishi, Isuzu, Hyundai, Ford, Volvo Cars, etc. Summary Toyota HEV lineup Lexus LBX Bespoke Honda HR-V e:HEV RS and e:N1 electric SUV Mitsubishi Xpander HEV and Xpander Cross HEV Isuzu D-MAX 2.2 MaxForce pickup truck Mazda BT-50 pickup truck and CX-5 SUV Nissan Serena MPV and Kicks e-POWER Suzuki Swift sport hatchback, and Jimny Off-road Edition Hyundai Palisade...

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

lion units in 2023, down 1% from 2022 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 c...

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

production Stellantis: Begins production of a large van in Mexico, its first mass-produced EV in North America Ford: Continues to significantly increase production, with sales of the EV "Mustang Mach-E" also growing Hyundai/Kia: Starting production of new compact sedan and considering EV production Toyota: Began production of the new Tacoma, aiming to increase HV sales ratio Mazda: Strong sales of CX-30 in the U.S. contribute to increased product...

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

6% of total vehicle production).   Indonesia   The Association of Indonesia Automotive Industries (Gaikindo) and other sources reported that sales of vehicles in Indonesia went down by 26.1%, 18.8%, and 26.2% (YoY) in January, February, and March, respectively.  By automaker sales in March 2024, Toyota continued to lead the market with 28.3% market share, followed by Daihatsu and Honda with a market share of 22.2% and 14.1%, respectively.   ...

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

ly USD 8.3 million).   International automotive brands joining this event included Aion, Audi, Bentley, BMW, BYD, Changan, Ford, GWM, Honda, Hyundai, Isuzu, Jeep, KIA, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nexpoint, Nissan, Peugeot, Porsche, Rolls-Royce, Suzuki, Toyota, VinFast, Volvo, Xpeng, and Zeekr. Meanwhile, the 2-wheeler brands included BMW Motorrad, Zeeho/CF Moto, Harley-Davidson, Honda, Kawasaki, Roya...

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

ly USD 8.3 million).   International automotive brands joining this event included Aion, Audi, Bentley, BMW, BYD, Changan, Ford, GWM, Honda, Hyundai, Isuzu, Jeep, KIA, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nexpoint, Nissan, Peugeot, Porsche, Rolls-Royce, Suzuki, Toyota, VinFast, Volvo, Xpeng, and Zeekr. Meanwhile, the 2-wheeler brands included BMW Motorrad, Zeeho/CF Moto, Harley-Davidson, Honda, Kawasaki, Roya...

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

uction of Bharat Mobility Global Expo 2024 Maruti Suzuki: eVX electric SUV, WagonR Flex Fuel prototype Hyundai: Localization efforts in India Tata Motors: Nexon iCNG Concept, acti.ev electric architecture based Punch.ev Mahinda & Mahindra: Flex Fuel Vehicle prototype, BE.RALL-E electric SUV concept Toyota: Innova HyCross flex fuel prototype, Lexus ES 300h and UX 300e Kia: Luxury electric EV6, X-Line variants of Carens MG Motor: ZS EV and electric...

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

or 20.7% of total vehicle sales. The share of EVs of total vehicle sales was 9.3%. 2023 sales of PHVs increased by 3.3% y/y to 11,703 units, while HV sales grew to 84,474 units, a 32.9% increase y/y.   In Thailand, Chinese OEMs are launching a number of new EV models, but among Japanese carmakers, Toyota launched the bZ4X to be followed by Honda’s release of the e:N1 compact crossover.   Regarding production of commercial EVs, the Thai energy...

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

Indian OEMs Investment and Future Plans (2) Japanese and European carmakers increase their presence in growing Indian market Summary Toyota Kirloskar Motor Honda Cars India Nissan Motor India Renault India Skoda Auto Volkswagen India Citroen - Stellantis Group MG Motor - SAIC BYD India Luxury car manufactures: Volvo Cars, Jaguar Land Rover, Jeep, Audi, BMW, Mercedes-Benz   In the last two years, Indian OEMs have started to focus on electric mobi...

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

rs from 7 countries joining this event.   OEM brands: Aion, Audi, Bentley, BMW, BYD, Changan, Ford, Great Wall Motor, Honda, Hyundai, Isuzu, Jeep, Kia, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Moke, Neta, Nex, Nissan, Peugeot, POCCO, Porsche, Subaru, Suzuki, Tata, Tesla, Toyota, Volvo, Wuling (as well as BMW M Performance, Carlsson, M'Z Speed, and Swift).   Motorcycle OEMs: Alpha Volantis, BMW Motorrad, Cineco, Cyclon...

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

15 23 28 33 34 44 46 50 GAC Group 27 30 30 29 30 8 30 40 41 46 48 48 47 Stellantis 26 35 38 38 50 25 30 46 34 43 51 35 40 Hyundai-Kia 27 35 31 33 34 15 25 36 32 34 37 38 40 Mercedes-Benz Group 18 25 22 26 36 17 22 33 24 26 30 28 28 Renault・Nissan 19 28 22 24 40 17 18 26 18 17 23 23 23 Toyota Group 5 6 7 10 13 8 9 14 14 16 15 13 18 Ford Group 13 13 15 18 23 8 6 8 9 11 14 13 14 Chery 27 21 19 13 21 5 6 6 8 8 10 9 10 Honda 4 4 5 ...

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