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Indonesia May 2024: Chery breaks into Top 10

Chery is now among Indonesia’s 10 best-selling brands.

Wholesales in Indonesia lose -13.2% year-on-year in May to 71,263 units, leading to a year-to-date tally off -20.9% to 334,969. For their part retail sales are off -12.6% to 72,137 for the month and -14.4% year-to-date to 361,698. In the wholesales brands ranking, Toyota (-16.7%) retains the top spot with a strong 33% market share above Daihatsu (-6.4%) at 21% and Honda (-34.6%) at 10.2%. Mitsubishi (+22%) defies the negative market to land in fourth place, overtaking Suzuki (-9.6%). Mitsubishi Fuso (+25.7%) and Isuzu (+4.4%) also shine. After ranking #11 for four consecutive months, Chery (+82.3%) breaks into the Top 10 for the first time at #10, dislodging fellow Chinese fare Wuling (-57.1%).

Retail-wise, there are no gainers in the Top 10. Toyota (-6.7%) leads the way with 33.4% of the market above Daihatsu (-5.6%) and Honda (-31.5%). Isuzu (-5.2%) and Mitsubishi Fuso (-7.6%) resist well.

Over in the models charts (wholesales), the Daihatsu Sigra (+2.2%) confirms it is now the favourite in Indonesian hearts, lodging a 5th consecutive monthly win. The Toyota Kijang Innova (+12.5%) is very solid at #2 but remains #3 year-to-date. The Toyota Avanza (-4.7%) rounds out the podium ahead of the Daihatsu Gran Max Pikap (-1.8%) and the Honda Brio (-7.2%). Excellent performance by the Mitsubishi Xpander (+18.9%) at #6.

Previous month: Indonesia April 2024: Daihatsu Sigra and Toyota Rush on top, Wuling Cloud lands

One year ago: Indonesia May 2023: Daihatsu Sigra best-seller, sales rally up 66%

Full May 2024 Top 30 All brands wholesales and retail and Top 156 All models wholesales below.

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