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...

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...

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...

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...