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Thailand November 2019: MG (+31.1%) resists worst market performance since May 2015 (-16.2%)

MG sales are up 31.1% in a market down -16.2%.

New vehicle sales in Thailand endure a 6th consecutive year-on-year drop and 2nd double-digit one in the past 3 months in November at a ghastly -16.2% to 79.299 registrations. This is the largest year-on-year fall since May 2015 (-19%), tilting the year-to-date tally into negative territory at -1.1% to 918.267. Atop the brands ranking, both Toyota (-11.8%) and Isuzu (-12.8%) manage to lose less ground than the market, as does Mitsubishi (-12.6%) at #4 but Mazda (-35.7%), Ford (-34.5%), Nissan (-25.4%) and Honda (-19.9%) all implode. Once again MG (+31.1%) is the only gainer in the Top 10 – and Top 13, managing a second consecutive month – and ever – at 3% market share or more. Further down, Peugeot (+7400%), Ssangyong (+285.7%), Subaru (+118.1%), Volvo (+63.2%) and Lexus (+13.6%) stand out while Mini is down one spot to #17 for its 2nd month in market.

Previous month: Thailand October 2019: MG hits record share in 5th straight market drop (-7.6%)

One year ago: Thailand November 2018: Toyota (+42%), MG (+122%) lift market up 26.3%

Full November 2019 Top 25 All-brands ranking below.

Thailand November 2019 – brands:

PosBrandNov-19%/18Oct2019%/18PosFY18
1Toyota27,13934.2%-11.8%1302,43132.9%6.7%11
2Isuzu14,62918.4%-12.8%2152,44816.6%-2.2%22
3Honda8,89211.2%-19.9%3116,29612.7%1.1%33
4Mitsubishi6,3908.1%-12.6%480,8938.8%7.5%44
5Nissan5,0116.3%-25.4%559,5726.5%-7.1%55
6Mazda3,8314.8%-35.7%653,4995.8%-15.6%66
7Ford3,5504.5%-34.5%745,4034.9%-24.5%77
8MG2,3503.0%31.1%823,5652.6%12.6%89
9Suzuki1,8942.4%-18.8%922,3202.4%-11.6%98
10Chevrolet1,3301.7%-26.2%1013,6421.5%-20.9%1010
11Hino1,1591.5%-1.7%1211,1151.2%0.0%1213
12Mercedes1,0221.3%-9.1%1312,9201.4%-3.1%1111
13BMW9001.1%-26.8%1110,4531.1%-5.6%1312
14Subaru3010.4%118.1%153,3270.4%63.3%1515
15Hyundai2690.3%-49.1%144,6830.5%3.0%1414
16Volvo1730.2%63.2%181,8170.2%67.8%1617
17Mini1350.2%new162450.0%new21 –
18Kia920.1%-32.4%171,4510.2%9.4%1716
19Peugeot750.1%7400.0% –780.0%1014.3%2431
20Lexus500.1%13.6%214620.1%-11.7%2019
21Porsche420.1%-17.6%198690.1%105.4%1821
22Tata350.0%-18.6%205090.1%-18.3%1918
23Ssangyong270.0%285.7% –1020.0%52.2%2324
24ChangAn20.0%-33.3%23170.0%-41.4%2527
25JAC10.0%0.0%22130.0%44.4%2629

Source: Manufacturers

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