Indonesia October 2024: Toyota Kijang Innova leads, BYD M6 cracks Top 10
The BYD M6 is inside the Indonesian Top 10 in October.
Indonesian wholesales slow down their fall in October at -3.8% year-on-year to 77,191 units, leading to a year-to-date tally off -15% to 710,406. As for retail sales, they are down -7.6% to 73,443 for the month and – 11.5% year-to-date to 730,637.
In the wholesales brands charts, Toyota (-1.5%) and Daihatsu (stable) continue to dominate with 35% and 18.3% share respectively. Honda (-27.7%) is in complete freefall year-on-year but still manages 11.2% share which is above its YTD level of 11%. Suzuki (-8.3%) and Mitsubishi (-7.6%) also drop faster than the market to round out the Top 4. Chinese newcomer BYD is up two spots on September to return to its record ranking of #6, also hit last August. Mitsubishi Fuso (+11.9%) and Wuling (+1.4%) defy the negative market with Chery (+95.3%), BMW (+8.8%) and MG (+305.4%) shining below.
Retail-wise, Toyota (-11.4%), Daihatsu (-10.5%) and Honda (-16.3%) all underperform but still account for 62.6% of the market combined vs. 64.2% year-to-date. Mitsubishi (-1.9%) resists at #4, BYD is up four spots on last month to #6 and both Mitsubishi Fuso (+13.6%) and Wuling (+5.2%) stand out. Chery shoots up 120.8% and Mercedes is up 23.3% at #13.
Looking at the models ranking, the Toyota Kijang Innova (-20.6%) and Avanza (+6.3%) hold onto the top two spots but the Daihatsu Gran Max Pikap (+128.7%) surges ahead to #3 and 7% share vs. 5.7% so far this year. The Honda Brio (-28.2%) and Daihatsu Sigra (-19.4%) both crater while the Toyota Calya (-1.7%) contains its fall. Excellent month for the Toyota Rush (+16.2%) repeating at #7 ahead of a falling Suzuki Carry Pikap (-22.9%). The BYD M6 is up 13 ranks on September to break into the Top 10 for the first time at #9.
Previous month: Indonesia September 2024: Toyota Kijang Innova and Avanza top sinking market
One year ago: Indonesia October 2023: Toyota Kijang Innova #1 again, Honda Brio now #1 YTD
Full October 2024 Top 33 All brands (retail and wholesales) and Top 165 All models (wholesales) below.