skip to Main Content

Thailand September 2019: Mitsubishi (+6.4%), MG (+7.2%), Mercedes (+22.3%) survive in first double-digit market drop in 3 years (-14.1%)

Mitsubishi is the only Top 7 carmaker in positive this month.

It’s getting a lot worse for new vehicle sales in Thailand: after 29 consecutive months of growth between January 2017 and May 2019, and 3 single-digit declines from June to August, September deliveries freefall -14.1% to 76.195 units, the first Thai double-digit gain and worst result since November 2016. However thanks to a very strong start of the year, the YTD tally remains in positive for now at +2% and 761.847 sales. Brand leader Toyota (-14.5%) almost matches the market and holds just under one-third of all sales at 32.6% share, followed at a distance by Isuzu (-18.2%) and Honda (-8.1%). Mitsubishi (+6.4%) is the only gainer in the Top 7 just as Ford (-42.3%), Mazda (-22.4%) and Nissan (-18.5%) implode. Chinese carmaker MG (+7.2%) is also very solid at #8 but it’s Mercedes (+22.3%) that takes the title of biggest gainer in the Top 10. Further down, Subaru (+216.4%) and Porsche (+173.3%) also make themselves noticed.

Previous month: Thailand August 2019: Mitsubishi (+5.1%), Honda (+2.7%) defy largest drop since November 2016 (-6.9%)

One year ago: Thailand September 2018: Hilux at highest in 2 years, market up 14.3%

Full September 2019 Top 25 All-brands ranking below.

Thailand September 2019 – brands:

PosBrandSep-19%/18Aug2019%/18PosFY18
1Toyota24,59532.3%-14.5%1248,67332.6%11.2%11
2Isuzu10,66014.0%-18.2%2125,95916.5%0.2%22
3Honda10,36313.6%-8.1%397,69512.8%5.1%33
4Mitsubishi7,58310.0%6.4%467,4458.9%10.1%44
5Nissan5,1056.7%-18.5%549,7066.5%-2.7%55
6Mazda4,5616.0%-22.4%645,8856.0%-11.3%66
7Ford3,4784.6%-42.3%738,3315.0%-22.7%77
8MG1,9422.5%7.2%918,6892.5%6.2%89
9Suzuki1,9052.5%-16.1%818,4042.4%-10.9%98
10Mercedes1,3641.8%22.3%1011,0231.4%-1.5%1011
11BMW1,3171.7%-5.3%118,6431.1%-2.9%1312
12Hino1,1611.5%-3.6%129,0481.2%1.3%1213
13Chevrolet9351.2%-36.4%1311,0111.4%-19.1%1110
14Subaru4050.5%216.4%142,7260.4%54.5%1515
15Hyundai3640.5%-15.7%154,0590.5%14.5%1414
16Kia1280.2%-10.5%181,2530.2%17.5%1716
17Volvo1220.2%4.3%161,5480.2%80.0%1617
18Porsche820.1%173.3%177330.1%124.8%1821
19Lexus550.1%5.8%203590.0%-19.1%2019
20Tata540.1%12.5%194190.1%-21.4%1918
21Ssangyong90.0%28.6%21750.0%47.1%2224
22Foton30.0%-92.1% –1180.0%-31.8%2123
23JAC30.0%n/a2490.0%28.6%2429
24ChangAn10.0%-66.7%23140.0%-44.0%2327
25Daewoo00.0%n/a –90.0%50.0%2530

Source: Manufacturers

Leave a Reply

Back To Top