Chile Full Year 2023: Toyota Hilux snaps first lead in hellish market (-26.5%)

The Toyota Hilux is #1 in Chile for the first time.

Discover close to 20 years of Chile Historical Data here.

After a record year in 2022, the Chilean new light vehicle market sinks -26.5% to 313,865 units. SUVs are down -24.2% to 143,696, passenger cars off -36.7% to 66,630, pickups down -19.3% to 70,680 and vans down -26.3% to 32,859. In the brands ranking, Toyota (-21.8%) overtakes Chevrolet (-43.1%) to claim the top spot with 8.3% share vs. 6.8% for the American brand. Hyundai (-12.5%) and sister marque Kia (-10.6%) resist very well and climb to #3 and #4 respectively, a four spot jump for the latter. Suzuki (-20.6%), Peugeot (-20.2%) and Nissan (-8.6%) also gain share below while Ford (+0.1%) edges up, the only gainer in the Top 12. Mazda (+31.9%), Citroen (+1.8%), Haval (+36.1%), Subaru (+41.8%) and Jetour (+28.2%) all impress in the remainder of the Top 30.

Over in the models aisle, the Toyota Hilux (-1.3%) scores what is believed to be its first ever Chilean pole position and 2.9% is enough for #1 in a fragmented market. The Mitsubishi L200 (-36.8%) and Maxus T60 (-39.5%) both drop one spot to #2 and #3 respectively and ensure the podium is 100% pickups like last year. The Chevrolet Groove (+7.5%) goes against the negative market and lands at #4 vs. #10 in 2022. The Great Wall Poer (-7.9%) is up three spots to #5, the Suzuki Swift (+28.4%) up 14 to #6 and the Kia Soluto (+26.8%) up 12 to #7. The Nissan Navara (+3.4%) and Ford Ranger (+27.5%) also deliver strong performances in the remainder of the Top 10.

Previous year: Chile 2022: Mitsubishi L200 and Maxus T60 top record market, Chinese hold 32.9% share

Two years ago: Chile 2021: Chery Tiggo 2 and MG ZS top market surging 60.6%

Full December 2023 Top 63 All brands and Top 30 models below.

Full Year 2023 Top 72 All brands and Top 40 models vs. Full Year 2022 figures below.

This content is for Platinum members only. Visit the site and log in/register to read.

Leave a Reply

Your email address will not be published.

Previous post Analyzing VIPR (OTCMKTS:VIPV) and H2O Innovation (OTCMKTS:HEOFF)
Next post Chicago Cubs acquire infielder Michael Busch and reliever Yency Almonte from the Los Angeles Dodgers for 2 prospects