* NOW UPDATED with the Top 180 best-selling models and Top 40 All-brands *
Nightmares and headaches: this is the daily routine of dealerships in Thailand as the market shows no sign of improvement over the First Half of 2015, down another 16% to 369.109 registrations, on top of a 41% fall at the same time last year. All-in-all, the Thai market has retracted by 50% in the past two years. Toyota is hit harder than the market at -25% to return to exactly 1 in every 3 sales in the country above Isuzu (-17%) while Honda bucks the trend and gains 16% to overtake Nissan (-16%) and Mitsubishi (-25%) and climb on the third step of the podium at 54.800 sales and just under 15% sales. Mazda (-2%) passes Ford (-29%) to rank 6th while Suzuki (-6%) outsells Chevrolet (-45%) to #8. A rare newcomer inside Thailand’s Top 20 most popular brands is Chinese manufacturer MG landing directly at #16 with 700 sales so far in 2015.
In the models ranking, the two traditional leaders, the pickups Toyota Hilux (-18%) and Isuzu D-Max (-14%) hold onto their position with 16.1% and 15.4% share respectively, however the transition to the new generation Hilux Revo cost it the YTD top spot in April and May. The Toyota Vios takes advantage of the freefalling of the Toyota Yaris (-41%) and Honda City (-28%) to claim the #3 spot overall, but the success story of the year is without contest the Honda HR-V. The baby SUV, launched in late 2014, lands directly ay #7 with 12.300 sales and even shot up to #4 in June, becoming the brand’s best-seller in the country and threatening the Toyota Vios for the title of Thailand’s best-selling passenger car.
Further down, the Honda Jazz at #10 (+134%), Nissan Navara at #11 (+73%), Mazda2 at #12 (+110%) and Nissan X-Trail at #25 are all boosted by their new generations. Thanks to new complete data we can now reveal official sales splits by model for premium manufacturers, with the Mercedes C-Class at a beautiful 29th spot, the Mercedes E-Class at #32, BMW 3 Series at #36 and BMW 5 Series at #44. As far as newcomers are concerned, additionally to the Honda HR-V at #7, the Honda Mobilio lands at #26 and the MG 3 at #52 with the Mercedes V-Class closing the ranks at #84.
Previous post (1): Photo Report: The cars of Bangkok, Thailand
Previous post (2): Thailand June 2015: New Toyota Hilux shoots up to 21% share
FY 2014 post: Thailand Full Year 2014: Toyota Hilux leads, Yaris on podium (updated with Top 190 models)
Full H1 2015 Top 180 models and Top 40 All-brands vs. Full H1 2014 figures below.