Indonesia Leads Southeast Asia in Car Sales in Q3 2022

Cindy Mutia Annur 09/11/2022 15:40 WIB

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Based on data from the ASEAN Automotive Federation, domestic car sales reached 758,216 units in Q3 2022. Indonesia firmly leads the Southeast Asian four-wheeled vehicle market.

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Indonesia Leads Southeast Asia in Car Sales in Q3 2022

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Southeast Asian Car Sales (Q3 2022)

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Car sales in Indonesia are increasing, driven by improvements in Covid-19 case management and overall conditions. Indeed, Indonesia remains the leading market for four-wheeled vehicles in Southeast Asia through the third quarter of 2022.

According to data from the ASEAN Automotive Federation, domestic car sales reached 758,216 units in Q3 2022.

This figure represents a 20.8% year-on-year (YoY) increase compared to the same period last year (627,537 units). In Q3 2021, car sales in Indonesia totaled 627,537 units.

Thailand ranks second in Southeast Asia for car sales, with 685,979 four-wheeled vehicles sold in the first nine months of this year.

Malaysia is in third place, with car sales totaling 516,798 units in Q3 2022. Meanwhile, the lowest sales of four-wheeled vehicles in the region were in Myanmar, at only 6,672 units.

Here's a breakdown of car sales in Southeast Asia in Q3 2022:

1. Indonesia: 758,216 units
2. Thailand: 685,979 units
3. Malaysia: 516,798 units
4. Vietnam: 296,403 units
5. Philippines: 248,154 units
6. Singapore: 32,372 units
7. Myanmar: 6,672 units

Cumulatively, car sales in Southeast Asia reached 2,544,594 units from January to September 2022. This represents a 33% increase compared to last year's figure of 1,913,530 units.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."