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Chile October 2022: Peugeot (+74.5%) impress, Maxus T60 #1, sales down -25.7%

Peugeot sales are up 74.7% in a market down -25.7%.

Chilean new vehicle sales endure a third straight month of year-on-year decline at a damning -25.7% in October to 28,642 units. Note October 2021 was a particularly high comparison base as it was an all-time October record. The year-to-date tally remains comfortably in positive and at a record level at 361,137 sales, up 7.5% over the same period in 2021. Passenger cars sink -46% in October to just 5,865 units and are down -7.5% year-to-date to 90,923, SUV limit their fall to -17.5% at 12,917 units and grow 12.7% YTD to 160,127. Pickups do even better at -11.2% to 6,966 sales and climb 22.3% YTD to 72,347 and vans plunge -30.9% to 2,894 units and edge up 3.8% YTD to 37,740.

In the brands ranking, Chevrolet (-16.5%) resists and lodges a 9.9% share vs. 9% so far this year. Toyota (+9.8%) is the sole gainer on the podium and reaches 9% share vs. 7.7% YTD. In contrast Hyundai (-34.1%) suffers at #3. Peugeot (+74.5%) posts the largest gain in the Top 10 and is up 5 spots on last month to #4. Chinese fares MG (+61.7%) and Maxus (+64.2%) also defy the negative market and climb to #6 (+2) and #7 (+8) respectively. Ford (+12.6%) is also up to round out the Top 10 while Kia (-22.5%) manages to resist better than the market at #5. #3 in September, Chery (-54.1%) loses more than half its year-ago volume and falls to #9. Further down, notice Dongfeng (+46.7%), Citroen (+256.5%) and Opel (+194.9%) all lodging spectacular upticks. As a whole, Chinese carmakers fall -24.1% to 31% share vs. 33.3% year-to-date.

Model-wise, the Maxus T60 (+91.8%) almost doubles its sales year-on-year to snap a 4th win this year after April, May and August. It however remains below the Mitsubishi L200 (-36.7%) in the year-to-date ladder. The Toyota Hilux (+15.4%) braves the negative market to land on the third step of the podium, making it 3 pickups in the Top 3. The Chevrolet Groove (-39.1%) rallies back up 7 spots on last month to #4 but endures a ghastly year-on-year fall. The Kia Sportage shoots up to #5 vs. #44 year-to-date and the Toyota Corolla Cross is up to #6 vs. #36 so far this year. The MG ZX, Ford Ranger (+9.4%), Ram 700 Pickup and Chevrolet Colorado complete the Top 10.

Previous month: Chile September 2022: Mitsubishi L200 and Suzuki S-Presso on top, Peugeot Landtrek in Top 10

One year ago: Chile October 2021: Market up 6.4% to record October volume

Full October 2022 Top 60 all brands, Top 35 models, Top 40 models YTD and sales for 80 models below.

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