Asia East

Japan Auto Market struggles. March reports 383,505 new registrations (-19.7%) confirming slow performance in Q1. YTD sales in fact at 966,737 are down 16.1% compared to the prior year. Daihatsu falls drastically, losing 80.4% in year-on-year volume.

South Korean Vehicles Market off to a slow start in 2024. In March new sales reached 145,658 units (-11.6%). YTD sales reach 377,043 (-12.1%). However, GM Korea and Tesla are booming.

India Best Selling Cars ranking in 2023 is dominated by Maruti models with the Swift as new market leader. The Maruti Vitara gains 5 spots rising 37.7%.

Taiwan Best Selling Cars ranking in 2023 dominated by Toyota.  Toyota Corolla Cross still on top followed by RAV4 and Town Ace. The MG HS joins the top 10 jumping 233 spots.

Iranian Vehicles Market moderately declined last year. In 2023 the sales were just over 1 million, reporting a sligh 4.9% decline from the previous year.

Hong Kong Auto sales in 2019 declined from the previous year, despite an impressive first half. Indeed, Total sales in 2019 have been 38.180, down 9.6% from the previous year. Toyota dominated the market reaching 31.9% of share, while Tesla landed in 6th place.

Indian Autos Market shines in 2024. In March sales have been 369.381 (+10.0%), the 15th consecutive growth, with first quarter sales at 1.13 million (+11.7%). 

Taiwanese Vehicles Market still growing significantly. Total sales in January reach 44,923 units (26.6%). MG booms 231.1%, making up 6 spots and ranking into 7th position.

Korean Vehicles Market was marginally declining in 2019 while remaining not far from the best level ever. Indeed, the Full-year ended with 1.77 million sales, down 1.9% from the previous year. Hyundai and Kia still dominated, while their combined market share at 67.3% fell down over 7 points from 2012.

Best Selling Cars Ranking in China shows the BYD SONG becoming the new leader, overtaking the Nissan Sylphy. The market has 3 pure electric vehicles in the Top 10.