Brunei Vehicle Market is falling down again after the last three years of decline. The negative economic trend and the lower consumer spending both in private and public sectors keep to hit the automotive sector. At September sales fell 7%, with Toyota up 5.5.
Brunei Auto Sales 2016 dragged down by the challenging economic conditions in the crucial energy market. The recession cut the customer's demand for vehicles and the sector declined for the third year in a row.
Brunei Automotive Industry kept falling down in the first quarter 2016 hit by the further declining GDP and weak domestic consumption's. Toyota led the competition with the Wiggo on top of models list.
Brunei Vehicles Market in 2015 dropped 20% at lowest in five hit by the fall of national economy, low investments and weak internal demand. The 2015 was fall was the highest in the last 30 years. Toyota on top of the list.
Brunei cars sales fell in double-digit during the first half 2015 hit by the sharp economic contraction due to the low oil price in the international markets. Toyota kept the leadership with 25% of market share.
Brunei Car Market Insights 2012-2014 report features trends and dynamics of the automotive industry in one of the reachest country in the World. Data reported regards segment, groups, brands and models.
Brunei Auto Sales fell 2% in the first half of 2014 following the all-time record posted in the previous year. Toyota is stable on the top while Kia is reducing the gap. It is a great momentum for the Japanese Suzuki that gained the podium.
Brunei Vehicle Sales rose 2% in April 2014, keeping the stable trend. The market is not expected up this year following the five years high hit in 2013 despite adverse economic factors. See top Brands ranking.
In 2013 the car market in Brunei was flat from the previous year posting the highest level in the last decade. Toyotaand Kia dominated the market although the arrival of new competitors is giving pressure to the leaders that are progressively losing market share.