Vietnam Motorcycles Market kept losing in August 2019 with year to date figures down 5% from the corresponded period last year. While on top of the list Honda is stable all others top player have lost, with Yamaha down an impressive 24.7%. The new electric vehicles local producer, VinFast, was very well welcomed by the market.
Thailand Motorcycles Market in the 2019 is moderately declining with year to date August sales at 1.19 million units, down 2.7%. The market leader, Honda is in line with the industry while Piaggio is up 25% and Harley Davidson is doubling volumes. Others premium brands struggle, and following the last year record BMW lost 15%, while Ducati is -40.7% and KTM -68.4%
ASEAN Motorcycles Industry in the first half 2019 reported a moderate lost breaking the recent years growth. While Singapore and Malaysia are growing at impressive speed, Philippines and Indonesia are positive, but both Thailand and Vietnam are losing terrain. Data on Cambodia, Laos, Myanmar and Brunei are only partially available.
Philippines Motorcycles Market in the first half 2019 was again positive, despite a slow start of the year and the sales figures are improving 8%, projecting the year at 1.7 million units, new record, despite the effect of the recent introduction of new emission standards. While Honda is market leader, KTM and BMW are fast growing.
Indonesian Motorcycles market was reported in very good shape during the first half 2019 reporting sales up 7%. The market benefit from the +7% reported for the market leader Honda, while the key competitor, Yamaha, is growing faster. The new e-scooter local brand, starts selling 1.000 units per month.