April was really positive for the car market in Israel, with sales soared 20.0% from last year. Following the declining first quarter, the market recovered and year-to-date sales were up 2.1%. Toyota and Mazda posted an awful performance.
Starting the new fiscal year, Japanese Automakers aggressively approached sales activity and the car market in Taiwan recovered after a low first quarter. Sales were up 0.8% from last year, but increased orders portfolio will benefit next months.
In April, Indian car market negative momentum went on with a decline of 8.6% and a cumulate loss of 11.3%. In addition, the market was hit by an increase of 10% of the already huge excise duty on SUV models.
Following the record sales posted in the 2012, Indonesian car market continued to advance in first quarter 2013, when sales were up 19.1% from last year, projecting again a new record. Toyota and Daihatsu kept the half of total sales.
In spite of reduced speed, the long run of the Saudi Arabian car market is going on as March sales were reported up 17.4% from last year. First two months 2013 were the highest ever with sales up 18.5%. Chevrolet Tahoe advanced in 10th place.
Hit by low economic expectations and weak internal demand, the car market in Taiwan was negative in March, losing 16.7%. In the first quarter 2013, sales were down 5.1%. Following the February sales boom, Toyota was back down while Mitsubishi was cool.
The last effects of first-time buyers' government incentive are pushing the car market in Thailand further up and March posted a brilliant 41.8% increase. First quarter sales were up 48.7% from last year. Toyota share was above 40%.
March 2013 sales were above expectations in the Chinese car market due to new models launched and strong dealer's rebates. Sales were up 10.9%, with first quarter up 14.8%. Full year 2013 is projected up 7%, above 20 million, first ever.
The Philippines car market is booming an never before. March 2013 sales were up 48.1% and the first quarter ended with sales 40.2% above last year. The market is projecting the new all-time record. A great news for Toyota, able to gain 35% of share.
March car market in Vietnam was hit by expectations over incumbent fees reduction on car registrations and dropped 37% from last year. However the first quarter ended up 2.5%. Toyota reinforced its dominium on market as Kia collapsed.
Following the double digit decline posted in the previous month, in March the South Korean car market lost only the 1.2%. The first quarter ended down by 2.7% from last year. Among domestic producer SsangYong gained space.
Following the 2012 9% decline, the car market in Israel started this year with the first quarter down 2.3% from last year, due to a double digit March loss. Nissan and Renault had been the quarter winners, gaining a total of 2 points of share.
Surprising many observers, Indian car market recently started to fall down, month after month, with March 2013, traditionally strong for ending of Indian fiscal year, posting a double digit drop. The year will remain challenging, in spite of new models arrival.
In Kuwait the car market is booming as in all the Arabic Gulf area. Following records posted in 2010 and 2011, the 2012 phenomenal growth was 35.4%, pushing the market up in the world's ranking, landing in 46th place.
The Japanese light passenger vehicles market in March fell 11.3% from last year, with first quarter sales down 8.4%, with a drop heavier than expected. Mercedes and BMW soared respectively at 1.0% and 0.9% of market share.
Following the all-time record posted in the 2012, when Oman car market surged in a respectable 36th world's place, the 2013 started with a strong January performance, with sales up 29.6% from last year. Strong start for Toyota, at 54% market share.
The automotive sector in Sri Lanka is living a huge depression, following the 2009-2011 phenomenal boom, sharply killed in March 2012. Indeed, the government aiming to make more cash from vehicles importation duties, suddenly improved tariffs, killing the market and losing cash.
Posting the 4th year-on-year decline in a row, India car market in March dropped 13.5% from last year, with the first quarter sales down 12.0%. Toyota and Honda improved sales and share, while Tata confirmed the deep crisis.
Saudi Arabia car market kept its magic moment and in January increased sales by 17.5% from last year, starting a year where sales volume would exceed the 800.000 units. For the first time ever, Saudi Arab joined the exclusive club of Top 20 car markets.
United Arab Emirates car market hit the best January ever, growing 26.7% from last year, keeping the pace from previous tremendous growing trend. In January, Mitsubishi posted an outstanding performance with share increased at 8.3%.
In February the light passenger's Chinese market declined only 8.6%, with cumulate sales at February up by an impressive 16%. Volkswagen hit new record share, at 17.1%, pushed by Lavida leadership on models ranking plus others 5 models in Top 10.
The Thailand's car market continues its run and in February posted a 43.6% increase, the slowest increase in the last months. Cumulate sales at February were up 53.4%. Honda celebrates a great momentum advancing in second place.
Following the strong sales increase posted during the 2012, the Philippines car market posted an outstanding start of the year, with sales increased by 36.0% in the first two months of the year. Honda and Nissan started the year with huge sales increase.
In February 2013, the car market in South Korea posted a double digit decline, more than offsetting the good start scored in January. YTD sales were down 3.6%. BMW and Audi started the year with considerable share increase leading Importers attack at Koreans dominion.
In 2010 Government announced a new policy for car sector, aiming to renovate the car park, one of the oldest in the world in common with Cuba, with incentives to renew the park. However, they operated like dabbler remaining the Asian dustbin for Japanese cars.
In January, the car market in Taiwan improved 4.9% from last year, an unconfortable data in view of Chinese new year starting in February while in 2012 was in January. Remarkable the Nissan performance, with share improved 3.3 points from December.
Japanese light passenger vehicles market surprised again, posting in February a light 6.1% decline from last year, with cumulate sales down 6.0%. Nissan confirmed its momentum and ranked second, with two points of share above last year.
January 2013 took benefit again from the government strong incentives to the first car purchase and Thailand's car market advanced 65% from last year. Honda continued to gain market share while Toyota was stable just above 30%.
Pushed by strong economic factors and growing immigration, Oman car market in 2012 posted new all-time record, outpacing the 200.000 units for the first time, rising 21.4% from the previous year. Toyota dominates the market with share above 50%.
Hit by increasing fuel price and high interest rate, the Indian car market dropped 17.3% in February 2013 with year-to date performance down 11.2% from last year. Maruti confirmed its momentum and Renault grew with Duster in 11th place.