Vietnam Motorcycles Market moderately positive in May 2019 with year to date figures down 3.7%, confirming the Q2 recovery after the shy Q1 with the entire 2019 potentially again at record level, following four years of stable growth. While on top of the list Honda is stable all others top player have lost, with Yamaha down 20%.
Thailand Motorcycles Market started the 2019 losing moderately. After the shy Q1, in April sales have been 120.457 (-1.0%) while the full year outlook is still positive. Honda, market leader, was stable, while Harley Davidson is doubling volumes. Following the record established last year, BMW is struggling and Ducati as well.
Indonesian Motorcycles market boomed in the first quarter 2019 reporting sales up 15%. The market benefit from the impressive +19% reported for the market leader Honda, while the key competitor, Yamaha, has lost terrain. The full year is now projected over the 7.0 million units.
Philippines Motorcycles Market in 2018 kept the growing pace hitting the new record sales with over 1.4 million registrations despite the introduction of euro 3 emission level. Honda is the market leader, while Chinese brands hold near 30% of share and Bajaj Auto is on top of 3-wheeler segment.
ASEAN motorcycles industry ends the 2018 with a new record volume, first time above the 14 million units and is actually representing the 31% of the Global Motorcycles Market. In the region there are four out of the top 6 markets in the World.