Thailand Vehicles Market in 2015 has lost 10%. Mazda shines.

Thailand Vehicles Market in 2015

Thailand Vehicles Market in 2015 has lost 10% but ended showing signs of recovery. Mazda was the top brand while the Chinese MG is rapidly growing. The new vehicles of the year is the Honda HR-V.

Economic Outlook

Thailand’s economy grew steadily throughout the first three-quarters of 2015 mainly supported by robust government spending and healthy growth in private consumption, which more than offset faltering external demand.

More recent indicators point to a slight deceleration of the economy in the final quarter of 2015. Indeed, manufacturing barely grew in November and consumer confidence remained in pessimistic territory in December.

Earlier this month, the Thai military junta approved reforms under which hundreds of thousands metric tons of rubber will be purchased by the government at a price much higher than what is quoted on international markets.

With the purchased rubber, the government intends to cover demand on the domestic market and also to sell it overseas later on when prices recover. However, in the short-term, the move will push prices up amid a supply shortage.

Market Outlook

The long Thai new vehicles market crisis started in July 2013 when the sales figures were reported down 25% and continued for 28th months until November 2015, when year on year figures had been finally reported in black with a little but significant +4.9%. In December the data was confirmed with a robust performance, up 13.5%, ending the year with hopes for a positive 2016.

However, as far as the entire 2015, according to data released by the T.A.I.A, the Thai Automotive Industry Association, the total new vehicles sold had been 800.658, down 9.2% from the 2014, the lowest level since 2012.

Toyota fell down 18.8% with 265.171 sales (from the 326.472 in the 2014) with still a huge market share of 33%.

Second was Isuzu selling 144.295 units (-10.0%) followed by Honda with 112.178 sales (+5.3%), Mitsubishi with 59.820 (-4.9%), Nissan with 51.193 (-13.6%), Mazda with 39.471 (+15.0%) and Ford with 36.465 (-4.3%).

The Chinese MG recently landed in the market boomed with 3.779 sales.

As far as the best-selling models, the leader was again the Toyota Hilux with 128.628 sales (-11.1%) ahead of the Isuzu D.Max with 118.722 sales (-7.6%) followed by the Toyota Yaris  with 36.211 sales (-31.4%).

The new Honda HR-V landed in seventh place with 26.417 units.

Research, Consulting, Data & Forecast Store

F2M covers intensively this market with several products developed to help any investigation required.

Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.

Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.

All these and more within our Thailand Store

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.

Rank 2015Rank 2014Brand201520142015 VarShare 2015
11Toyota265.171326.472-18,8%33,2%
22Isuzu144.295160.286-10,0%18,0%
33Honda112.178106.4825,3%14,0%
44Mitsubishi59.82062.885-4,9%7,5%
55Nissan51.19359.220-13,6%6,4%
67Mazda39.47134.32615,0%4,9%
76Ford36.46538.087-4,3%4,6%
89Suzuki21.28520.1835,5%2,7%
98Chevrolet17.45625.817-32,4%2,2%
1011Mercedes12.84111.52411,4%1,6%
1110Hino11.63211.740-0,9%1,5%
1212BMW8.7688.3864,6%1,1%
1313Hyundai4.2274.0624,1%0,5%
1425MG3.7791740,5%
1515Subaru2.6411.96634,3%0,3%
1614Volvo1.7952.261-20,6%0,2%
1718Mitsubishi Fuso1.2501.05019,0%0,2%
1817Tata1.1441.631-29,9%0,1%
1916Dongfeng1.1031.858-40,6%0,1%
2020Lexus83457046,3%0,1%
2119Kia636702-9,4%0,1%
2221Volkswagen420476-11,8%0,1%
2323Scania292419-30,3%0,0%
2422Proton198466-57,5%0,0%
2524Wuling157184-14,7%0,0%
2627SsangYong15010345,6%0,0%
2740Maxus85-0,0%
2828Peugeot7198-27,6%0,0%
2926Land Rover63135-53,3%0,0%
3035Lamborghini3416112,5%0,0%
3130Citroen2832-12,5%0,0%
3229Jaguar2736-25,0%0,0%
3330Ferrari2632-18,8%0,0%
3433Daewoo1924-20,8%0,0%
3434Mitsuoka19190,0%0,0%
3536Skoda181520,0%0,0%
3630Maserati1732-46,9%0,0%
3732ChangAn1625-36,0%0,0%
3838McLaren7475,0%0,0%
3939Lotus110,0%0,0%
Rank DecRank 2015GroupDec2015Var2015 VarDec %2015 %
11Toyota30.071277.637-12,9%-18,0%29,6%34,7%
22Isuzu Motors20.003144.29527,8%-10,0%19,7%18,0%
33Honda12.543112.178-6,2%5,3%12,4%14,0%
44Mitsubishi10.00261.07086,4%-4,5%9,9%7,6%
55Renault-Nissan6.34251.19312,1%-13,6%6,3%6,4%
66Mazda5.63339.471101,3%15,0%5,6%4,9%
77Ford5.23236.46550,7%-4,3%5,2%4,6%
98Suzuki2.57421.28537,4%5,5%2,5%2,7%
109General Motors2.30417.4759,6%-32,4%2,3%2,2%
Rank DecRank 2015ModelSales DecSales 2015Dec Var2015 VarShare DecShare 2015
11Toyota Hilux9.605120.112-28,4%-17,0%14,7%15,9%
22Isuzu D-Max9.177118.722-31,9%-7,6%14,1%15,7%
63Toyota Yaris2.89236.21236,1%-31,4%4,4%4,8%
44Toyota Vios3.34035.539-40,4%-25,7%5,1%4,7%
85Honda City2.28733.165-44,5%-25,4%3,5%4,4%
36Toyota Fortuner3.35931.00557,8%53,8%5,2%4,1%
97Honda HR-V2.20226.417-16,7%601,8%3,4%3,5%
108Mitsubishi Triton2.11725.261-28,8%-23,7%3,3%3,3%
79Ford Ranger2.45023.8940,7%-0,3%3,8%3,2%
1110Honda Jazz2.10021.670-8,4%31,1%3,2%2,9%
1311Toyota Corolla1.70020.966-60,2%-42,7%2,6%2,8%
1412Nissan Navara1.52419.412-12,8%23,0%2,3%2,6%
1213Mazda21.96319.081180,6%3,0%2,5%
514Mitsubishi Pajero Sport3.20018.975399,2%196,8%4,9%2,5%
1615Chevrolet Colorado1.35011.631154,7%-9,6%2,1%1,5%
1916Nissan Almera98811.463-46,9%-26,9%1,5%1,5%
1517Mitsubishi Attrage1.40010.982-6,3%2,1%1,5%
2318Suzuki Swift61110.90855,1%-18,2%0,9%1,4%
9219Isuzu MU-7-10.358-100,0%-18,8%0,0%1,4%
2220Toyota Camry6298.08733,5%18,1%1,0%1,1%
2021Mazda BT-507708.054-47,5%-37,7%1,2%1,1%
2522Honda CR-V5117.802-47,2%-7,1%0,8%1,0%
2623Mazda35097.143-40,5%-20,1%0,8%0,9%
3924Nissan X-Trail1996.755468,6%1076,8%0,3%0,9%
2425Honda Civic5626.718-50,5%-41,0%0,9%0,9%

 

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