* See the Top 15 best-selling brands and Top 20 models by clicking on the title *
Second ever appearance with official sales figures of Laos on BSCB. This year shows a completely different picture than the last time we updated this country, so much so that I would invite you to ignore the 2014 Report as it was incomplete. Over the first 9 months of 2015, 41.095 new vehicles found a buyer in Laos, with Toyota more dominant than ever at 42% market share. We have a surprise in second place…
A Hyundai/Kia dealership called Kolao Holdings, the biggest non state company in Laos according to According to the Korea Trade-Investment Promotion Agency, founded by a Korean and listed on Korea’s main stock market but registered as a Lao company has started assembling 1 tonne CKD pickup trucks under their own brand: Daehan. Their first model, the Super-1 pickup, launched in September 2013 and the D-100, D-150, D-200 and D-T1 have followed since with great success: Daehan is the 2nd best-selling brand in Laos this year with over 10% market share!
Daehan even places three nameplates inside the 2015 year-to-date Top 6: below the Toyota Hilux and Hiace sovereign at 28.8% and 10% market share respectively, the Daehan D-100 ranks 3rd, the Super-1 is 4th and the D-T1 is 6th. You can find more info on Kolao Holdings from the Wall Street Journal Asia here and you can check their website here (in Korean only for now).
Hyundai, Chevrolet and Ford round up the brands Top 5 just above Chinese manufacturer Dongfeng which manages to place its pickup at #5 overall in the Lao models ranking so far in 2015. Chery, JAC and BYD are the other Chinese carmakers to make it to the Lao Top 15.
Full 9 months 2015 Top 15 brands and Top 20 models below.