Toyota Motor’s Automobile Sales in China Increase 11% in 2020 to 1.8 Million Units

2021-04-12 NEW

Toyota’s automobile sales in China in 2020 (announced by Toyota including Toyota and Lexus brand models) reached a record high of 1.79 million units, up 10.9% from the previous year. Due to the outbreak of the new coronavirus infection, sales fell 70.2% to 24,000 units in February 2020, but sales outlets resumed operations at the end of March and results surpassed those of the previous year from April. The increase in sales was attributable to the success of attracting store visits through regional motor shows and online events from May, as well as stronRead more...

Date Country Category Report Title
2021.03.22 China Market Policy Drive Battery Trends of Foreign Companies in China
2021.03.15 China Market China’s Motorcycle Market Remains on the Previous Year’s Level in 2020
2021.03.08 China Policy Chinese IT Giant Baidu Enters BEV Manufacturing Sector
2021.03.01 China Policy Great Wall Motor Enters Thailand, Further Increasing Presence of Chinese Automakers in Asia
2021.02.22 China Sales China: Automobile Production Overview for December 2020

Japan’s Passenger Vehicle Sales by Engine Type and Displacement in 2020

2021-04-12 NEW

Looking at Japan’s passenger vehicle sales in 2020 by engine type and displacement (excluding BEV and FCEV models), although the up-to-1.0L class increased significantly, all other classes decreased. In 2020, sales of gasoline vehicles (not including HEVs) fell 9.4% comparted to the previous year to 2.7 million units, accounting for more than 70% of total passenger vehicle sales. Of these, mini vehicles with a displacement of 660cc or less declined 10% to 1.33 million units. However mini vehicle share rose 0.6pp to 35.1%. Suzuki (down 6.9% to 403,000 Read more...

Date Country Category Report Title
2021.03.29 Japan Policy Toyota Expands Partnerships in Mobility Service Business and Electrification
2021.03.22 Japan Sales Japan’s Electric Passenger Vehicle Sales in December 2020
2021.03.15 Japan Sales Japan’s Light Passenger Vehicle Market Drops 10% in 2020
2021.03.08 Japan Sales Japan’s Sports Car Market Inches Up 1.1% in 2020 Despite the Pandemic
2021.03.01 Japan Sales Import Japan’s Imported Vehicle Market Shrinks 8.7% to 318,000 Units in 2020
2021.02.22 Japan Sales Policy Honda Global Strategy: Teaming Up with OEMs to Advance CASE Technologies

India: Automobile Sales Decline 23% to 2.94 Million Units in 2020

2021-03-15

India’s automobile sales in 2020 fell 23.0% year-on-year to 2.94 million units. The impact of the nationwide lockdown implemented by the government in late March 2020 as a countermeasure against COVID-19 was significant, sales falling below 3 million units for the first time in 11 years since 2009. In India, the automobile market has been shrinking since the latter half of 2018, even before the pandemic, due to the slowdown of economic growth and the rise in vehicle prices pushed up by tightened automobile-related regulations. These factors and the outbrRead more...

Date Country Category Report Title
2021.03.01 India New Models Nissan Launches the Magnite to Turn Around Poor Sales in India
2021.02.22 India Taiwan Sales Asian Motorcycle Sales in 2020: India Drops 23.2% But Remains the Largest Market in the World

Vietnam: Automobile Sales Drop 3.3% to 407,000 Units in 2020; Hyundai Dethrones Toyota

2021-04-12 NEW

Vietnam’s automobile sales in 2020 declined 8.0% compared to the previous year to 297,000 units, based on official data released by VAMA (Vietnam Automobile Manufacturers Association). Due to the outbreak of the new coronavirus infection, production and sales activities were temporarily suspended in April 2020, as a result of which consumption declined. For this reason, unit sales fell about 30% in the first half of 2020. Thanks to the early curtailment of the spread of the virus and the support of a robust economy, sales remained at a high level. If theRead more...

Malaysia: Ownership Volume of Automobiles Reaches 16.38 Million Units, One in Two People Owns an Automobile

2021-04-12 NEW

The number of automobiles owned in Malaysia reached 16.37 million units as of the end of June 2020. By vehicle type, 15 million units were passenger cars, accounting for 91.6% of the total, followed by 1.3 million trucks and 63,000 buses. At the same time, automobile ownership rate was 500 vehicles per 1,000 people, which means one out of two people owns an automobile in Malaysia. Looking at the number of automobiles owned by region, 4.53 million units were on the roads in the Federal Territories, which consists of the national capital Kuala Lumpur, tRead more...

Date Country Category Report Title
2021.04.05 Pakistan Sales Automobiles Pakistan: Automobile Sales Fall 33.6% to 128,000 Units in 2020; Suzuki’s Share Dropping Below 50%
2021.04.05 Indonesia Sales Motorcycles Indonesia’s Luxury Tax System Is Proposed to Be Revised, Raising Tax Burden on HEVS
2021.04.05 Asia (General) Ownership Automobiles Middle East and Africa: Iran Leads in Automobile Ownership with Over 14 Million Units
2021.04.05 Indonesia Policy HEV Indonesia: Motorcycle Sales Fall 43.6% to 3.66 Million Units in 2020; Honda’s Share Reaching Nearly 80%
2021.03.29 Philippines Sales Philippines: Automobile Sales Fall 40.4% to 248,000 Units in 2020
2021.03.29 Indonesia Sales Indonesia: Automobile Sales Fall 48.5% to 532,000 Units in 2020
2021.03.29 Thailand Sales Thailand: Automobile Sales Decline 21.4% to 790,000 Units in 2020
2021.03.22 Vietnam Market Policy Vietnam’s Automobile Market Decreases 10% in 2020 While GDP Growth Stays Positive
2021.03.22 Pakistan Market Policy Pakistan’s Automobile Market Decreases by 30% in 2020
2021.03.15 Philippines Market Policy Philippines: The Automobile Market in 2020 Shrinks to 250,000 Units
2021.03.08 Asia (General) Sales Asia: Automobile Sales Overview for November 2020
2021.03.08 Malaysia Sales Malaysia: Automobile Sales Drop 12.4% to 529,000 Units in 2020
2021.03.01 Asia (General) Production Asia: Automobile Production Overview for November 2020
2021.02.22 Malaysia Sales Policy Malaysia: 14% Decrease in Automobile Sales in 2020, but the Sales Volume Is Expected to Recover Soon