Vietnam. Losing 4.6% October confirms the 2019 negative trend

Vietnam Motorcycles Market has lost in October 4.6% again confirming the moderately negative 2019 trend. 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.

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Thailand September. Harley-Davidson up 176% in a market down 2.8

Thailand Motorcycles Market is moderately declining with year to date September 2019 sales at 1.32 million units, down 2.8%. The market leader, Honda is in line with the industry while Piaggio is up 27% and Harley Davidson is doubling volumes. Others premium brands struggle, and following the last year record BMW lost 13%, while Ducati is -32% and KTM -70%

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Asean Motorcycles

ASEAN. In the first half 2019 regional sales declined 3%. Singapore & Malaysia are booming

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.

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Philippines Motorcycles

Philippines. First half 2019 up 8% projecting the year at 1.7 million

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.

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Malaysia Motorcycles

Malaysia. Yamaha is leader in a market grown 20% in the first half 2019

Malaysia Motorcycles Industry kept fast growing and in the first half 2019 has been one of the most dynamic worldwide with sales accelerated by 20%. While several brands are on sales, over 65% of the market is concentrated in the hands of Yamaha and Honda. Malaysia ranks as 13th largest market in the World Ranking.

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Indonesia Motorcycles

Indonesia. Two-Wheeler market boomed 7% in the first half 2019. Honda shines

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.

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