Indonesia Car Market collapsed in July hit by high interest rate & cold economy.

Indonesia Car Market collapsed in July hit by high interest rate and cold economy. Following a flat first half of the year, the car market heavily fell in July hit by unfavorable economic conditions. Anyhow, Suzuki and Mitsubishi posted a great month.

In July 2014 according to data released by GAIKINDO, the Indonesian Associations of Car Manufacturers, total new Light Passengers Vehicles sold have been 84.900 (please be aware we do not include heavy trucks and busses), scoring a double digit loss (+16.2) from year ago. Cumulative data in the first seven month of the year were negative as well with sales at 658.467 units, down 2.4%.

Toyota has retailed 28.510 vehicles with 33.6% of share, up 0.4 points from the previous month. First seventh month sales were 203.988 with share at 31.1%, losing 4.3 points of share from year ago.  The MPV Avanza was market leader with 10.948 sales while the Innova ranked in fourth with 4.668 and the Agya was fifth with 4.505

Suzuki advanced in second place selling 13.210 units with 15.6% of share, up 0.8 points from the previous month. Year to date sales were 96.725 with share at 14.7%, up 0.6 points from year ago. The Ertiga was the top model ranking in 7th with 3.671 sales.

Mitsubishi advanced in third, up 2 spots, selling 11.211 vehicles with share at 13.2% of share, up 0.8 points from the previous month. Year to date sales were 88.876 with 13.65 of share, flat from the previous month.

Daihatsu fell in fourth with 10.488 sales and 12.4% of share, down 2.6 points from the previous month. Year to date sales were 105.046 with 16.0% of share, up 1.3 points from last year. The top model was the Xenia, third with 5.338 sales.

Honda  fell in fifth place selling 8.452 units with share at 10.0%, down 3.0 points from the previous month with cumulative sales at 87.362 and share at 13.3%, up 4.2 points from last year. The Mobilio was again the second best-selling model in the market with 6.225 retails.

Leader in the premium brand segment was Mercedes, with 384 retails more than doubling the rival BMW (at 121 units).

In the interactive tables, statistics regarding All Brands and the Best-selling Models:

Rank Jul Rank Ytd Brand Jul 2014 Ytd Jul 2014 Jul YoY Var. Share Q1 Share June Share Jul Share Ytd
1 1 Toyota 28.510 203.988 -17,5% 29,4% 33,2% 33,6% 31,1%
2 3 Suzuki 13.210 96.725 -21,5% 14,5% 14,8% 15,6% 14,7%
3 4 Mitsubishi 11.211 88.876 -22,0% 14,2% 12,4% 13,2% 13,5%
4 2 Daihatsu 10.488 105.046 -15,1% 17,6% 15,1% 12,4% 16,0%
5 5 Honda 8.452 87.362 -0,6% 12,4% 13,4% 10,0% 13,3%
6 6 Nissan 5.740 27.081 -3,4% 4,3% 3,8% 6,8% 4,1%
7 7 Isuzu 2.420 15.544 -3,6% 2,7% 2,4% 2,9% 2,4%
8 8 Chevrolet 1.450 7.110 -36,7% 1,3% 0,8% 1,7% 1,1%
9 10 Mazda 840 5.275 -36,9% 0,8% 0,7% 1,0% 0,8%
10 11 Ford 620 3.079 -13,5% 0,4% 0,5% 0,7% 0,5%
11 9 Kia 580 5.515 -1,9% 0,9% 0,9% 0,7% 0,8%
12 13 Mercedes 384 2.153 -4,0% 0,2% 0,5% 0,5% 0,3%
13 12 Hyundai 125 2.604 -37,5% 0,4% 0,4% 0,1% 0,4%
14 14 BMW 121 1.423 0,8% 0,2% 0,3% 0,1% 0,2%
15 17 Proton 112 679 75,0% 0,1% 0,1% 0,1% 0,1%
16 16 Volkswagen 110 694 -8,3% 0,1% 0,1% 0,1% 0,1%
17 18 Subaru 98 627 -18,3% 0,1% 0,1% 0,1% 0,1%
18 20 Geely 54 376 35,0% 0,0% 0,1% 0,1% 0,1%
19 23 Audi 48 210 380,0% 0,0% 0,0% 0,1% 0,0%
20 19 Lexus 45 378 12,5% 0,0% 0,1% 0,1% 0,1%
21 21 Mini 44 253 120,0% 0,0% 0,0% 0,1% 0,0%
21 22 Faw 44 250 46,7% 0,0% 0,0% 0,1% 0,0%
22 25 Peugeot 40 118 300,0% 0,0% 0,0% 0,0% 0,0%
23 24 Dodge 38 120 280,0% 0,0% 0,0% 0,0% 0,0%
24 15 Chrysler 35 810 75,0% 0,2% 0,1% 0,0% 0,1%
25 28 Foton 15 66 50,0% 0,0% 0,0% 0,0% 0,0%
26 33 Jaguar 14 45 40,0% 0,0% 0,0% 0,0% 0,0%
27 29 Volvo 12 65 20,0% 0,0% 0,0% 0,0% 0,0%
27 31 Land Rover 12 58 20,0% 0,0% 0,0% 0,0% 0,0%
28 27 Renault 11 95 10,0% 0,0% 0,0% 0,0% 0,0%
29 32 Infiniti 8 55 -20,0% 0,0% 0,0% 0,0% 0,0%
30 26 Chery 5 103 -50,0% 0,0% 0,0% 0,0% 0,0%
31 30 Smart 4 59 -60,0% 0,0% 0,0% 0,0% 0,0%

Rank Jul Rank Ytd Model July 2014 Ytd 2014 Jul YoY Var. Share Jul Share Ytd
1 1 Toyota Avanza 10.948 100.544 -33,7% 12,9% 15,3%
2 2 Honda Mobilio 6.225 52.032 597,6% 7,3% 7,9%
3 6 Daihatsu Xenia 5.338 28.805 -42,4% 6,3% 4,4%
4 4 Toyota Innova 4.668 36.834 -17,7% 5,5% 5,6%
5 3 Toyota Agya 4.505 41.520 5,3% 6,3%
6 5 Daihatsu Gran Max Pick-up 4.195 30.509 -2,7% 4,9% 4,6%
7 7 Suzuki Ertiga 3.671 28.731 -38,3% 4,3% 4,4%
8 9 Daihatsu Ayla 3.396 26.969 4,0% 4,1%
9 8 Suzuki Carry Pick-up 3.250 27.770 -4,2% 3,8% 4,2%
10 19 Honda Jazz 2.758 11.291 -40,6% 3,2% 1,7%
11 12 Mitsubishi T120-SS Pick up 2.375 16.918 -5,1% 2,8% 2,6%
12 11 Honda Brio 2.126 17.277 152,3% 2,5% 2,6%
13 35 Datsun Go 2.063 4.599 2,4% 0,7%
14 10 Toyota Rush 2.053 17.718 -7,8% 2,4% 2,7%
15 13 Mitsubishi L300 2.023 16.015 -11,0% 2,4% 2,4%
16 14 Suzuki APV Pick-up 1.814 14.009 -7,2% 2,1% 2,1%
17 20 Toyota Yaris 1.750 10.712 -25,1% 2,1% 1,6%
18 16 Toyota Fortuner 1.631 11.676 -21,3% 1,9% 1,8%
19 17 Suzuki Karimun Wagon R 1.502 11.648 47,2% 1,8% 1,8%
20 15 Daihatsu Terios 1.450 11.677 -37,7% 1,7% 1,8%

(198)

In the spotlight

Brazil Outlook 2017. Recession is not over

Brazil Automotive Industry outlook in the 2017 is not yet positive albeit the prolonged crisis. Indeed economic perspective are still negative and the sector has not yet bottomed out. Market recovery from 2018