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Indonesia February 2022: Hyundai (+1279.3%) posts surreal uptick in market up 65.1%

The new Creta helps Hyundai up in Indonesia this month.

Indonesian new vehicle wholesales surge 65.1% year-on-year in February to 81,228 units, bringing the year-to-date volume after two months to 162,590, up 59.2% over the same period last year. These scores are higher than in pre-pandemic February 2020 (79,644 / 160,079). Retail sales are up 49.1% to 69,989 for the month and up 47.2% to 148,556 year-to-date. This is below February 2020 (77,866 / 158,925).

In the wholesales brands ranking, Toyota (+64.2%) almost matches the market to hold 30.6% share while Daihatsu (+59.8%) is a little bit more shy in 2nd place. Both Honda (+67.5%) and Mitsubishi (+105%) fare very well this month, distancing Suzuki (+46.7%) and Isuzu (+52.9%) more muted. Hyundai (+1279.3%) is by far the biggest gainer in the Top 10, climbing to a record 7th place while Wuling (+276%) is also very strong year-on-year but drops to #9 overall. Nissan (+1600%), FAW (+233.3%) and MG (+200%) also post surreal gains further down.

In the retail brands ranking, Toyota (+69%) vasty outpaces the market to reach 30.3% share ahead of Daihatsu (+56%) and Mitsubishi (+70.7%) also gaining share year-on-year to 18.7% and 14.3% respectively. Suzuki (+16.9%), Fuso (+15.9%), Isuzu (+14.2%) and Hino (+31.7%) are a lot weaker to the opposite of Hyundai (+871%) stepping up one spot on January to #9. Wuling (+48.4%) is down three to #10. FAW (+233.3%) and Peugeot (+68.4%) shine below.

Over in the models charts, the Honda Brio (+33.6%) takes the lead above last month’s best-seller the Suzuki Carry Pikap (+40.1%) which remains #1 year-to-date. The Toyota Kijang Innova (+43.7%) is up three spots on January to land on the third step of the podium, distancing the Mitsubishi Xpander (+136.5%), Toyota Rush (+76.4%), Daihatsu Xenia (+950.7%) and Honda BR-V (+2955.7%) all in outstanding shape. The traditional leader, the Toyota Avanza (+59.3%) is stuck in 9th place and #12 year-to-date, partly because the Avanza Veloz is now a standalone model, the Veloz down six ranks on last month to #10. The Daihatsu Terios (+232.8%), Mitsubishi Pajero Sport (+186.9%) and Toyota Agya (+84.8%) also score fantastic gains further down. Below the Veloz, the Hyundai Creta (#17) is the most popular recent launch ahead of the Toyota Raize (#21), Daihatsu Rocky (#31) and Toyota Land Cruiser 300 (#45).

Previous month: Indonesia January 2022: Suzuki Carry leads, Toyota Veloz up to #4 in market up 58.9%

One year ago: Indonesia February 2021: Market down -38.2%, new Sonet propels Kia up 187.5%

Full February 2022 Top 25 All-brands (wholesales and retail) and Top 115 All-models (wholesales) below.

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