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 JulRank YtdBrandJul 2014Ytd Jul 2014Jul YoY Var.Share Q1Share JuneShare JulShare Ytd
11Toyota28.510203.988-17,5%29,4%33,2%33,6%31,1%
23Suzuki13.21096.725-21,5%14,5%14,8%15,6%14,7%
34Mitsubishi11.21188.876-22,0%14,2%12,4%13,2%13,5%
42Daihatsu10.488105.046-15,1%17,6%15,1%12,4%16,0%
55Honda8.45287.362-0,6%12,4%13,4%10,0%13,3%
66Nissan5.74027.081-3,4%4,3%3,8%6,8%4,1%
77Isuzu2.42015.544-3,6%2,7%2,4%2,9%2,4%
88Chevrolet1.4507.110-36,7%1,3%0,8%1,7%1,1%
910Mazda8405.275-36,9%0,8%0,7%1,0%0,8%
1011Ford6203.079-13,5%0,4%0,5%0,7%0,5%
119Kia5805.515-1,9%0,9%0,9%0,7%0,8%
1213Mercedes3842.153-4,0%0,2%0,5%0,5%0,3%
1312Hyundai1252.604-37,5%0,4%0,4%0,1%0,4%
1414BMW1211.4230,8%0,2%0,3%0,1%0,2%
1517Proton11267975,0%0,1%0,1%0,1%0,1%
1616Volkswagen110694-8,3%0,1%0,1%0,1%0,1%
1718Subaru98627-18,3%0,1%0,1%0,1%0,1%
1820Geely5437635,0%0,0%0,1%0,1%0,1%
1923Audi48210380,0%0,0%0,0%0,1%0,0%
2019Lexus4537812,5%0,0%0,1%0,1%0,1%
2121Mini44253120,0%0,0%0,0%0,1%0,0%
2122Faw4425046,7%0,0%0,0%0,1%0,0%
2225Peugeot40118300,0%0,0%0,0%0,0%0,0%
2324Dodge38120280,0%0,0%0,0%0,0%0,0%
2415Chrysler3581075,0%0,2%0,1%0,0%0,1%
2528Foton156650,0%0,0%0,0%0,0%0,0%
2633Jaguar144540,0%0,0%0,0%0,0%0,0%
2729Volvo126520,0%0,0%0,0%0,0%0,0%
2731Land Rover125820,0%0,0%0,0%0,0%0,0%
2827Renault119510,0%0,0%0,0%0,0%0,0%
2932Infiniti855-20,0%0,0%0,0%0,0%0,0%
3026Chery5103-50,0%0,0%0,0%0,0%0,0%
3130Smart459-60,0%0,0%0,0%0,0%0,0%

Rank JulRank YtdModelJuly 2014Ytd 2014Jul YoY Var.Share JulShare Ytd
11Toyota Avanza10.948100.544-33,7%12,9%15,3%
22Honda Mobilio6.22552.032597,6%7,3%7,9%
36Daihatsu Xenia5.33828.805-42,4%6,3%4,4%
44Toyota Innova4.66836.834-17,7%5,5%5,6%
53Toyota Agya4.50541.5205,3%6,3%
65Daihatsu Gran Max Pick-up4.19530.509-2,7%4,9%4,6%
77Suzuki Ertiga3.67128.731-38,3%4,3%4,4%
89Daihatsu Ayla3.39626.9694,0%4,1%
98Suzuki Carry Pick-up3.25027.770-4,2%3,8%4,2%
1019Honda Jazz2.75811.291-40,6%3,2%1,7%
1112Mitsubishi T120-SS Pick up2.37516.918-5,1%2,8%2,6%
1211Honda Brio2.12617.277152,3%2,5%2,6%
1335Datsun Go2.0634.5992,4%0,7%
1410Toyota Rush2.05317.718-7,8%2,4%2,7%
1513Mitsubishi L3002.02316.015-11,0%2,4%2,4%
1614Suzuki APV Pick-up1.81414.009-7,2%2,1%2,1%
1720Toyota Yaris1.75010.712-25,1%2,1%1,6%
1816Toyota Fortuner1.63111.676-21,3%1,9%1,8%
1917Suzuki Karimun Wagon R1.50211.64847,2%1,8%1,8%
2015Daihatsu Terios1.45011.677-37,7%1,7%1,8%

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