The Daihatsu Sigra is the best-selling model in Indonesia for the 2nd month running.

The new vehicle wholesales market in Indonesia dives -18.7% year-on-year in February to just 70,657 units, leading to a year-to-date volume off -22.5% to 140,274. Retail sales are down -16.3% to 70,291 and -15% year-to-date to 148,649. Wholesales-wise, brand leader Toyota (-13.9%) falls slower than the market to an improved 33.3% share, followed by Daihatsu also in good shape in context at -7.2% to 21.4% share. In contrast Honda (-36.8%), Suzuki (-32.7%), Hyundai (-19.7%), Fuso (-31%) and Hino (-32.6%) all crater. Mitsubishi (-13.5%), Isuzu (-17.1%) and Wuling (-1.3%) resist. Below, Chery (+281.4%) stays at #11 while MG (+51%) climbs to #14 and Lexus (+283.3%) ranks #16 like last month.

In the retail brands charts, Toyota (-12.3%) and Daihatsu (-12.9%) resist somewhat to 31.5% and 21.1% share whereas Honda (-25.3%) underperforms at #3. Wuling (-2.5%), Isuzu (-11.4%) and Mitsubishi (-14.7%) post the best holds in the remainder of the Top 10. Further down, Lexus (+246.2%), Chery (+238.8%), MG (+86.9%) and BMW (+11.4%) stand out.

Looking at the models ranking, the Daihatsu Sigra (+7.6%) defies the negative market to repeat at #1. It is the nameplate’s 7th time at the helm of the Indonesian models charts after April 2020, June 2022, December 2022, May 2023, June 2023 and January 2024. The Honda Brio (-17.3%) stays at #2 vs. #4 over the Full Year 2023, followed by a struggling Toyota Avanza (-24.3%). The Toyota Rush (+2.7%) and Kijang Innova (+12.9%) shine to round out the Top 5. The Mitsubishi Xpander (-14.3%) and Daihatsu Terios (+4.4%) are the only additional gainers in the remainder of the Top 10.

Previous month: Indonesia January 2024: Daihatsu Sigra best-seller, Wuling Binguo up to #12

One year ago: Indonesia February 2023: Honda, Hyundai highlight market up 7.4%

Full February 2024 Top 30 All brands (wholesales and retail) and Top 145 All models (wholesales) below.

Note: Medium and heavy commercial vehicles are included in the brands rankings but not in the models rankings.

Indonesia February 2024 – brands (wholesales):

PosBrandFeb-24%/23Jan2024%/23PosFY231Toyota23,52533.3%– 13.9%144,51331.7%– 20.9%112Daihatsu15,08821.4%– 7.2%229,45121.0%– 14.5%223Honda9,08112.9%– 36.8%317,49412.5%– 41.9%334Mitsubishi5,9948.5%– 13.5%412,9569.2%– 12.9%455Suzuki4,9937.1%– 32.7%511,1317.9%– 20.5%546Hyundai2,4283.4%– 19.7%65,4313.9%– 23.4%667Mitsubishi Fuso2,2503.2%– 31.0%94,2843.1%– 43.1%878Isuzu2,2453.2%– 17.1%74,5953.3%– 24.0%789Hino1,4832.1%– 32.6%102,8872.1%– 37.8%10910Wuling1,2001.7%– 1.3%83,3772.4%+ 87.4%91011Chery4310.6%+ 281.4%117300.5%+ 284.2%111412Mazda3020.4%– 28.1%125250.4%– 37.9%121213Mercedes2650.4%– 48.2%144330.3%– 51.9%141114MG2280.3%+ 51.0%173450.2%+ 62.7%152015BMW 2180.3%– 12.1%134410.3%– 1.8%131316Lexus2070.3%+ 283.3%163300.2%+ 312.5%161517UD Trucks1670.2%– 9.2%153150.2%– 20.5%171618Nissan1310.2%– 22.5%202070.1%– 33.0%191719Dongfeng (DFSK)1280.2%+ 24.3%192120.2%– 44.4%181920Kia 1000.1%+ 5.3%182050.1%+ 81.4%201821Mini750.1%+ 167.9%231130.1%+ 61.4%212122Subaru310.0%– 29.5%21720.1%– 6.5%222423Neta200.0%new22590.0%new232824FAW190.0%– 17.4%24470.0%+ 67.9%242325Scania190.0%– 75.9%26450.0%– 68.3%252226Volkswagen150.0%– 70.0%28220.0%– 68.1%272627Peugeot80.0%– 60.0%27200.0%– 42.9%282728Seres30.0%new25300.0%new262929Audi30.0%– 50.0%2960.0%– 14.3%2930

Indonesia February 2024 – brands (retail):

PosBrandFeb-24%/23Jan2024%/23PosFY231Toyota22,14231.5%– 12.3%146,82831.5%– 7.8%112Daihatsu14,81921.1%– 12.9%231,79521.4%– 18.6%223Honda9,01912.8%– 25.3%319,03812.8%– 17.5%334Mitsubishi6,3169.0%– 14.7%512,7538.6%– 17.9%455Suzuki5,7608.2%– 16.8%412,2638.2%– 18.3%546Isuzu2,4113.4%– 11.4%94,6033.1%– 14.2%787Hyundai2,2933.3%– 18.1%65,1963.5%– 18.2%668Mitsubishi Fuso2,0462.9%– 39.3%84,2532.9%– 37.7%879Hino1,6272.3%– 39.4%73,8772.6%– 29.5%9910Wuling1,6012.3%– 2.5%103,6202.4%+ 10.6%101011Chery4100.6%+ 238.8%126780.5%+ 204.0%111412Mercedes2760.4%– 38.9%135130.3%– 40.1%131113Mazda2640.4%– 11.4%116140.4%– 4.1%121214BMW 2340.3%+ 11.4%144550.3%+ 11.0%141315MG2280.3%+ 86.9%173530.2%+ 94.0%152016Lexus1800.3%+ 246.2%153220.2%+ 265.9%161517Kia 1240.2%– 15.1%182380.2%– 10.2%171918Nissan1210.2%– 29.2%202140.1%– 33.5%201719UD Trucks1090.2%– 29.7%192210.1%– 27.5%191620Dongfeng (DFSK)1010.1%– 24.6%162320.2%– 22.9%181821Mini620.1%+ 55.0%221020.1%+ 27.5%212122Subaru440.1%+ 46.7%21920.1%+ 55.9%222423Neta250.0%new23580.0%new232824FAW190.0%– 17.4%24470.0%+ 67.9%242325Scania190.0%– 75.9%25450.0%– 68.3%252226Volkswagen140.0%– 48.1%29220.0%– 53.2%272627Jeep90.0%– 82.7%27240.0%– 67.6%262528Peugeot80.0%– 60.0%28200.0%– 42.9%292729Seres60.0%new26210.0%new283030Audi30.0%– 50.0%3060.0%– 14.3%302931Tata10.0%– 80.0%3120.0%– 84.6%3131

Indonesia February 2024 – models (wholesales):

PosModelFeb-24%/23Jan2024%/23PosFY231Daihatsu Sigra5,5437.8%+ 7.6%111,2028.0%– 5.0%132Honda Brio4,6426.6%– 17.3%29,9987.1%– 22.7%243Toyota Avanza4,2146.0%– 24.3%48,1035.8%– 28.5%424Toyota Rush3,9285.6%+ 2.7%96,6394.7%– 26.0%695Toyota Kijang Innova3,7565.3%+ 12.9%39,0356.4%+ 21.1%316Daihatsu Gran Max Pikap3,2344.6%– 33.9%86,2274.4%– 35.9%867Toyota Calya3,2194.6%– 23.9%66,5484.7%– 17.2%758Mitsubishi Xpander3,0694.3%– 14.3%56,8324.9%– 18.5%589Suzuki Carry Pikap2,0592.9%– 51.5%75,2883.8%– 33.5%9710Daihatsu Terios2,0042.8%+ 4.4%113,9762.8%+ 22.1%101111Toyota Veloz1,7072.4%+ 13.6%202,6631.9%– 34.4%151412Toyota Agya1,6882.4%+ 109.4%103,7702.7%+ 53.7%111313Daihatsu Ayla1,6532.3%+ 21.0%172,8352.0%– 21.3%141214Honda HR-V1,6342.3%– 57.3%143,0532.2%– 57.9%121015Daihatsu Xenia1,3621.9%+ 4.6%162,6021.9%– 1.6%162216Hyundai Stargazer1,3281.9%– 11.3%133,0202.2%– 22.0%131917Toyota Hilux1,2091.7%– 62.4%461,3270.9%– 76.9%291618Mitsubishi Pajero Sport1,1981.7%– 18.6%152,4481.7%– 9.6%172419Honda WR-V1,1561.6%– 26.8%281,8161.3%– 38.1%231520Toyota Fortuner1,0471.5%– 25.5%192,0741.5%– 30.9%192121Suzuki XL79621.4%– 35.5%182,0471.5%– 19.8%202022Honda BR-V9601.4%– 54.3%271,6201.2%– 67.2%251723Hyundai Creta9531.3%+ 4.3%241,8401.3%– 13.9%212924Mitsubishi L-300 Pikap8921.3%– 34.6%221,8341.3%– 41.4%222325Toyota Raize8601.2%– 51.1%291,4031.0%– 54.3%281826Daihatsu Gran Max Minibus8541.2%+ 18.1%231,7551.3%+ 11.6%242527Isuzu Traga PHR7291.0%– 29.1%251,5751.1%– 25.5%262628Mitsubishi L200 Triton6000.8%+ 17.2%397990.6%– 9.3%322829Toyota Alphard5730.8%+ 79.6%576340.5%+ 24.3%353930Suzuki Ertiga5410.8%– 43.6%211,4951.1%– 27.3%272731Honda CR-V4850.7%– 25.4%309540.7%– 16.4%303632Toyota Hiace4520.6%+ 79.4%317660.5%+ 199.2%333733Wuling Air4510.6%+ 443.4%1104570.3%+ 284.0%363434Wuling Binguo4280.6%new122,3041.6%new185635Suzuki S-Presso4070.6%+ 75.4%326880.5%+ 196.6%343836Toyota Yaris Cross3350.5%new454540.3%new373037Suzuki Jimny2880.4%+ 289.2%1072950.2%+ 65.7%466438Toyota Voxy2620.4%+ 69.0%414120.3%+ 89.0%404639Daihatsu Rocky2360.3%– 55.2%404340.3%– 60.4%383540Suzuki APV Minibus2240.3%+ 6.7%384300.3%+ 11.7%394041Daihatsu Luxio1770.3%– 42.2%373950.3%– 34.1%414242Suzuki Grand Vitara1470.2%new363670.3%new435243Toyota Land Cruiser 3001400.2%+ 1172.7%343840.3%+ 2853.8%426144Mazda CX-51250.2%+ 190.7%442450.2%+ 301.6%475145Wuling Alvez1230.2%– 18.0%521980.1%+ 32.0%493246Chery OMODA 51180.2%new353470.2%new444347MG ZS1100.2%+ 150.0%601540.1%+ 196.2%548748Lexus LM1070.2%+ 2040.0%501880.1%+ 3660.0%507449Wuling Almaz1020.1%– 47.2%531740.1%– 40.2%514950Honda Civic1000.1%– 41.9%581590.1%– 15.9%535851Kia Sonet870.1%+ 148.6%561520.1%+ 253.5%556752Lexus RX810.1%+ 305.0%851000.1%+ 400.0%616053MG 4760.1%new641150.1%new5913954Hyundai Palisade710.1%– 71.3%481670.1%– 55.7%524555Suzuki Ignis710.1%+ 7.6%541410.1%– 46.4%565756Honda City630.1%– 78.6%421990.1%– 62.1%484157Toyota Vellfire600.1%+ 30.4% –600.0%+ 25.0%7510458Wuling Confero S580.1%– 71.0%67900.1%– 72.9%643359Mazda3580.1%n/a63970.1%+ 1285.7%627060BMW X1550.1%n/a81750.1%n/a669361Mercedes GLE530.1%+ 152.4%77750.1%+ 70.5%679162Mazda CX-3410.1%– 85.9%69710.1%– 88.4%705063Honda Accord410.1%– 40.6%68720.1%+ 4.3%688564Mercedes GLA410.1%+ 17.1%113460.0%– 58.9%8210565Toyota Yaris390.1%– 79.9%511140.1%– 76.4%605566BMW X5390.1%+ 11.4%79590.0%– 26.3%767167Nissan Serena360.1%+ 80.0%66720.1%+ 4.3%698468Mazda CX-30350.0%– 23.9% –350.0%– 37.5%879669Hyundai Ioniq 5340.0%– 84.0%333020.2%– 32.4%453170Nissan Magnite320.0%+ 128.6% –320.0%+ 52.4%899771Nissan Livina300.0%– 69.4%70600.0%– 64.1%747272MG 5 GT300.0%– 62.0%78510.0%– 52.3%788173Mini Countryman300.0%+ 7.1%88470.0%– 26.6%819974BMW 3 Series290.0%– 68.8%59870.1%– 32.0%656875BMW X3290.0%– 65.9%62690.0%– 52.4%728276Mercedes C-Class290.0%– 40.8%82480.0%– 61.3%806577Hyundai Santa Fe270.0%– 79.5%61700.0%– 69.4%716278Wuling Formo240.0%– 95.3%106310.0%– 96.1%914879Mini Cooper230.0%n/a83420.0%+ 600.0%847580Mini Clubman220.0%n/a137240.0%n/a10014481Neta V200.0%new65590.0%new7711382Chery GT200.0%new71490.0%new7911883BMW 2 Series180.0%+ 500.0%90320.0%+ 128.6%8810084Lexus LX170.0%+ 325.0%128200.0%+ 400.0%10512685BMW 7 Series160.0%n/a95270.0%+ 1250.0%9412286Nissan Terra150.0%n/a –150.0%n/a11313087Wuling Cortez140.0%– 82.7%471230.1%+ 2.5%576388Mazda2140.0%– 6.7%104220.0%– 51.1%10310989Mercedes GLC140.0%n/a72420.0%n/a838890Mercedes A-Class130.0%– 48.0%91260.0%– 38.1%9610691Nissan Kicks130.0%– 18.8%99230.0%– 14.8%10212392Dongfeng Gelora120.0%– 58.6%94230.0%– 47.7%1019593MG HS120.0%– 57.1%92250.0%– 28.6%9911294Hyundai Staria120.0%– 36.8%112180.0%– 35.7%10812195Mitsubishi Xforce120.0%new268200.6%new314796Toyota Corolla Cross110.0%– 95.9%135130.0%– 95.2%1165997Toyota Camry110.0%– 91.9%86290.0%– 81.2%937998Chery Tiggo 7 Pro110.0%– 75.6%89250.0%– 67.1%988699VW Tiguan110.0%– 75.6%111170.0%– 70.2%110110100Mazda CX-60110.0%new122150.0%new112131101Toyota Corolla100.0%– 92.7%150110.0%– 92.0%11977102Subaru BRZ100.0%– 61.5%97200.0%– 64.9%107116103Mazda CX-8100.0%– 47.4%93210.0%– 44.7%104102104Kia EV9100.0%new75360.0%new86156105Chery Tiggo 8 Pro90.0%– 86.8%73360.0%– 68.4%8573106Peugeot 500880.0%+ 0.0%120120.0%+ 0.0%117147107Subaru Crosstrek80.0%new102170.0%new109117108Subaru WRX80.0%n/a130110.0%n/a118129109BMW X770.0%– 68.2%87250.0%+ 13.6%97133110BMW IX70.0%new80270.0%new9569111Mercedes Sprinter70.0%n/a –70.0%n/a129155112Toyota Vios60.0%– 93.6%98160.0%– 86.3%11176113Mercedes GLB60.0%+ 500.0%14070.0%– 46.2%128137114Toyota Land Cruiser 7050.0%– 16.7%76310.0%+ 416.7%90120115Mercedes EQA50.0%new12980.0%new126165116Suzuki Baleno40.0%– 95.7%49920.1%– 64.9%6344117Subaru Forester40.0%– 60.0%100140.0%+ 40.0%115157118VW T-Cross40.0%+ 33.3%14150.0%– 28.6%136154119Mazda630.0%+ 50.0%12560.0%+ 100.0%132128120Kia Seltos30.0%+ 200.0%96140.0%+ 1300.0%114127121Seres E50230.0%new74300.0%new92135122Hyundai Ioniq 630.0%new109100.0%new120101123BMW i730.0%new11980.0%new125125124Mazda MX-530.0%n/a12460.0%+ 50.0%131146125Nissan Leaf20.0%– 90.5% –20.0%– 92.0%148145126Mercedes G-Class20.0%– 84.6%13340.0%– 76.5%140141127BMW 5 Series20.0%– 80.0%10890.0%– 84.5%12390128Mazda CX-920.0%– 60.0%11670.0%– 66.7%127119129Mercedes EQS20.0%– 33.3%14930.0%+ 0.0%141149130Mercedes S-Class10.0%– 97.0%13130.0%– 94.3%142115131Lexus ES10.0%– 92.3% –10.0%– 94.4%158111132Lexus NX10.0%– 90.9%84200.0%+ 53.8%106103133Mercedes V-Class10.0%– 85.7%11760.0%– 40.0%133151134Dongfeng Glory 56010.0%– 66.7%11560.0%– 75.0%130138135Mercedes CLA10.0%– 50.0%10590.0%+ 12.5%124142136Audi Q810.0%+ 0.0% –10.0%+ 0.0%153174137Subaru Outback10.0%n/a103100.0%n/a121158138BMW 4 Series10.0%n/a12640.0%n/a13789139BMW X610.0%n/a12740.0%n/a138161140Toyota Supra10.0%n/a13830.0%n/a144170141Audi A810.0%n/a14420.0%n/a145197142Audi Q510.0%n/a –10.0%n/a152185143BMW i410.0%new –10.0%new154150144Mercedes EQE10.0%new –10.0%new160153

Source: GAIKINDO