Indonesia August 2024: BYD up to #6 with 3.9% share, Toyota Kijang Innova now #1 YTD

For its third month in market, BYD reaches the 6th place in the Indonesian brands ranking.

It’s another very weak Indonesian market in August with wholesales down -14.1% year-on-year to just 76,304, keeping in mind August 2023 was already off -8.3% on the year prior. Year-to-date volumes are down -17% to 560,619. For their part retail sales skid -13.1% to 76,808 and lose -12.1% YTD to 584,879.

In the brands wholesales ranking, the Top 5 drop by the double-digits. Toyota (-13.8%) remains ultra dominant with 34.1% share ahead of Daihatsu (-20.9%) at 18.1%. Honda (-35.8%), Mitsubishi (-11.9%) and Suzuki (-23.4%) follow. Newcomer BYD climbs three spots on July to land at a record 6th place with 3.9% of the market. MG (+215%), Chery (+80.1%), Wuling (+70.4%) and Mercedes (+35.9%) also impress. BAIC lands at #25 with 68 sales. Retail-wise, Toyota (-8.8%), Daihatsu (-13.5%) and Honda (+15.3%) dominate, with BYD #6 at 3.1% share and MG (+223.1%) and Chery (+64.2%) in great shape. 

As for models (wholesales only), the Toyota Kijang Innova (-12.4%) is once again the best-seller, grabbing the year-to-date top spot off the Daihatsu Sigra (-26%). As a reminder the Kijang Innova was also #1 over the Full Year 2023. The Toyota Avanza (-23.6%) is back up one spot on July to #3 but it’s hit hard year-on-year. The Honda Brio (-20.2%), also in difficulty ranks #4 above the Daihatsu Gran Max Pikap (+2.5%), the only Top 10 model in positive alongside the Toyota Hilux (+35.8%) at #10. The Toyota Rush (-1.4%), Toyota Calya (-1.7%) and Mitsubishi Xpander (-5.3%) limit their fall in the remainder of the Top 10. BYD models perform as follows: the Seal repeats at #15, the Atto 3 is up 14 ranks to #21, the Dolphin is up 11 to #37 and the M6 is up 40 to #43. 

Previous month: Indonesia July 2024: Toyota Kijang Innova repeats at #1, BYD launches

One year ago: Indonesia August 2023: Toyota Kijang Innova repeats at #1, Daihatsu Sigra #1 YTD

Full August 2024 Top 35 All brands (wholesales and retail) and Top 170 All models (wholesales) below.