The Wuling Binguo is an instant blockbuster in Indonesia.
New vehicle wholesales in Indonesia sink a harsh -26% year-on-year in January to 69,619. The retail market is off -13.9% to 78,214. In the wholesales brands ranking, Toyota (-27.6%) falls slightly faster than the market and sees its share thaw to 30.1% vs. 33.5% over the Full Year 2023. Dahiatsu (-21.1%) resists better to 20.6% share vs. 18.7% over FY23. Honda (-46.6%) is in total freefall in third place with Suzuki (-6.8%) and Mitsubishi (-6.8%) performing well. The latter is up to 10% share vs. 7.7% over FY23. Wuling (+271.5%) completely defies the gloomy environment at #8. Kia (+483.3%), Lexus (+373.1%), Chery (+288.3%) and MG (+91.8%) all impress. In the retail charts, Toyota (-3.4%) and Honda (-9.1%) shine but Suzuki (-19.5%), Mitsubishi (-20.8%) and Daihatsu (-23%) slump. Chery (+162.7%), Wuling (+23.7%), BMW (+10.5%) and Mazda (+2.3%) shine.
Model-wise, looking at wholesales the Daihatsu Sigra (-14.8%) is the best-seller for the 6th time ever after April 2020, June 2022, December 2022, May 2023 and June 2023. The Honda Brio (-26.9%) rallies back up five spots on December to #2, distancing the FY2023 leader, the Toyota Kijang Innova (+27.8%) in outstanding shape year-on-year. The Toyota Avanza (-32.6%) falls hard while the Toyota Calya (-9.5%), Suzuki Carry Pikap (-13.1%) and Mitsubishi Xpander (-21.7%) resist. Below, the Toyota Agya (+26.4%) and Daihatsu Terios (+47.4%) both lodge fantastic performances just as the new Wuling Binguo EV already ranks #12 for its second month of sales.
Previous post: Indonesia Full Year 2023: Toyota Kijang Innova secures first win in 18 years
One year ago: Indonesia January 2023: Hyundai, Honda highlight market up 11.9%
Full January 2024 Top 30 All brands (wholesales and retail) and Top 150 All models (wholesales) below.
Note: Brands rankings include medium and heavy commercial vehicles, the models ranking does not.
Indonesia January 2024 – brands (wholesales):
| Pos | Brand | Jan-24 | % | /23 | Dec | FY23 |
| 1 | Toyota | 20,988 | 30.1% | – 27.6% | 1 | 1 |
| 2 | Daihatsu | 14,363 | 20.6% | – 21.1% | 2 | 2 |
| 3 | Honda | 8,413 | 12.1% | – 46.6% | 3 | 3 |
| 4 | Mitsubishi | 6,962 | 10.0% | – 12.4% | 5 | 5 |
| 5 | Suzuki | 6,138 | 8.8% | – 6.8% | 4 | 4 |
| 6 | Hyundai | 3,003 | 4.3% | – 26.2% | 7 | 6 |
| 7 | Isuzu | 2,350 | 3.4% | – 29.6% | 10 | 8 |
| 8 | Wuling | 2,177 | 3.1% | + 271.5% | 6 | 10 |
| 9 | Mitsubishi Fuso | 2,034 | 2.9% | – 52.3% | 9 | 7 |
| 10 | Hino | 1,404 | 2.0% | – 42.4% | 8 | 9 |
| 11 | Chery | 299 | 0.4% | + 288.3% | 15 | 14 |
| 12 | Mazda | 223 | 0.3% | – 47.5% | 12 | 12 |
| 13 | BMW | 223 | 0.3% | + 10.9% | 13 | 13 |
| 14 | Mercedes | 168 | 0.2% | – 56.8% | 11 | 11 |
| 15 | UD Trucks | 148 | 0.2% | – 30.2% | 19 | 16 |
| 16 | Lexus | 123 | 0.2% | + 373.1% | 14 | 15 |
| 17 | MG | 117 | 0.2% | + 91.8% | 20 | 20 |
| 18 | Kia | 105 | 0.2% | + 483.3% | 18 | 18 |
| 19 | Dongfeng (DFSK) | 84 | 0.1% | – 69.8% | 16 | 19 |
| 20 | Nissan | 76 | 0.1% | – 45.7% | 21 | 17 |
| 21 | Subaru | 41 | 0.1% | + 24.2% | 24 | 24 |
| 22 | Neta | 39 | 0.1% | new | 22 | 28 |
| 23 | Mini | 38 | 0.1% | – 9.5% | 17 | 21 |
| 24 | FAW | 28 | 0.0% | + 460.0% | 25 | 23 |
| 25 | Seres | 27 | 0.0% | new | 23 | 29 |
| 26 | Scania | 26 | 0.0% | – 58.7% | 26 | 22 |
| 27 | Peugeot | 12 | 0.0% | – 20.0% | 28 | 27 |
| 28 | Volkswagen | 7 | 0.0% | – 63.2% | 27 | 26 |
| 29 | Audi | 3 | 0.0% | + 200.0% | 30 | 30 |
Indonesia January 2024 – brands (retail):
| Pos | Brand | Jan-24 | % | /23 | Dec | FY23 |
| 1 | Toyota | 24,686 | 31.6% | – 3.4% | 1 | 1 |
| 2 | Daihatsu | 16,976 | 21.7% | – 23.0% | 2 | 2 |
| 3 | Honda | 10,019 | 12.8% | – 9.1% | 3 | 3 |
| 4 | Suzuki | 6,503 | 8.3% | – 19.5% | 4 | 4 |
| 5 | Mitsubishi | 6,437 | 8.2% | – 20.8% | 5 | 5 |
| 6 | Hyundai | 2,903 | 3.7% | – 18.2% | 8 | 6 |
| 7 | Hino | 2,250 | 2.9% | – 20.0% | 10 | 9 |
| 8 | Mitsubishi Fuso | 2,207 | 2.8% | – 36.3% | 7 | 7 |
| 9 | Isuzu | 2,192 | 2.8% | – 17.0% | 9 | 8 |
| 10 | Wuling | 2,019 | 2.6% | + 23.7% | 6 | 10 |
| 11 | Mazda | 350 | 0.4% | + 2.3% | 12 | 12 |
| 12 | Chery | 268 | 0.3% | + 162.7% | 14 | 14 |
| 13 | Mercedes | 237 | 0.3% | – 41.5% | 13 | 11 |
| 14 | BMW | 221 | 0.3% | + 10.5% | 11 | 13 |
| 15 | Lexus | 142 | 0.2% | + 294.4% | 15 | 15 |
| 16 | Dongfeng (DFSK) | 131 | 0.2% | – 21.6% | 16 | 18 |
| 17 | MG | 125 | 0.2% | + 108.3% | 21 | 20 |
| 18 | Kia | 114 | 0.1% | – 4.2% | 18 | 19 |
| 19 | UD Trucks | 112 | 0.1% | – 25.3% | 17 | 16 |
| 20 | Nissan | 93 | 0.1% | – 38.4% | 20 | 17 |
| 21 | Subaru | 48 | 0.1% | + 65.5% | 23 | 24 |
| 22 | Mini | 40 | 0.1% | + 0.0% | 19 | 21 |
| 23 | Neta | 33 | 0.0% | new | 22 | 28 |
| 24 | FAW | 28 | 0.0% | + 460.0% | 24 | 23 |
| 25 | Scania | 26 | 0.0% | – 58.7% | 26 | 22 |
| 26 | Seres | 15 | 0.0% | new | 25 | 30 |
| 27 | Jeep | 15 | 0.0% | – 31.8% | 28 | 25 |
| 28 | Peugeot | 12 | 0.0% | – 20.0% | 29 | 27 |
| 29 | Volkswagen | 8 | 0.0% | – 60.0% | 27 | 26 |
| 30 | Audi | 3 | 0.0% | + 200.0% | 31 | 29 |
| 31 | Tata | 1 | 0.0% | – 87.5% | 30 | 31 |
Indonesia January 2024 – models (wholesales):
| Pos | Model | Jan-24 | % | /23 | Dec | FY23 |
| 1 | Daihatsu Sigra | 5,659 | 8.1% | – 14.8% | 3 | 3 |
| 2 | Honda Brio | 5,356 | 7.7% | – 26.9% | 7 | 4 |
| 3 | Toyota Kijang Innova | 5,279 | 7.6% | + 27.8% | 1 | 1 |
| 4 | Toyota Avanza | 3,889 | 5.6% | – 32.6% | 2 | 2 |
| 5 | Mitsubishi Xpander | 3,763 | 5.4% | – 21.7% | 8 | 8 |
| 6 | Toyota Calya | 3,329 | 4.8% | – 9.5% | 5 | 5 |
| 7 | Suzuki Carry Pikap | 3,229 | 4.6% | – 13.1% | 6 | 7 |
| 8 | Daihatsu Gran Max Pikap | 2,993 | 4.3% | – 38.0% | 10 | 6 |
| 9 | Toyota Rush | 2,711 | 3.9% | – 47.3% | 4 | 9 |
| 10 | Toyota Agya | 2,082 | 3.0% | + 26.4% | 18 | 13 |
| 11 | Daihatsu Terios | 1,972 | 2.8% | + 47.4% | 9 | 11 |
| 12 | Wuling Binguo | 1,876 | 2.7% | new | 17 | 56 |
| 13 | Hyundai Stargazer | 1,692 | 2.4% | – 28.7% | 19 | 19 |
| 14 | Honda HR-V | 1,419 | 2.0% | – 58.6% | 12 | 10 |
| 15 | Mitsubishi Pajero Sport | 1,250 | 1.8% | + 1.0% | 23 | 24 |
| 16 | Daihatsu Xenia | 1,240 | 1.8% | – 7.5% | 36 | 22 |
| 17 | Daihatsu Ayla | 1,182 | 1.7% | – 47.1% | 15 | 12 |
| 18 | Suzuki XL7 | 1,085 | 1.6% | + 2.4% | 11 | 20 |
| 19 | Toyota Fortuner | 1,027 | 1.5% | – 35.6% | 14 | 21 |
| 20 | Toyota Veloz | 956 | 1.4% | – 62.6% | 13 | 14 |
| 21 | Suzuki Ertiga | 954 | 1.4% | – 12.9% | 32 | 27 |
| 22 | Mitsubishi L-300 Pikap | 942 | 1.4% | – 46.7% | 30 | 23 |
| 23 | Daihatsu Gran Max Minibus | 901 | 1.3% | + 6.0% | 25 | 25 |
| 24 | Hyundai Creta | 887 | 1.3% | – 27.5% | 29 | 29 |
| 25 | Isuzu Traga PHR | 846 | 1.2% | – 22.2% | 24 | 26 |
| 26 | Mitsubishi Xforce | 808 | 1.2% | new | 16 | 47 |
| 27 | Honda BR-V | 660 | 0.9% | – 76.7% | 22 | 17 |
| 28 | Honda WR-V | 660 | 0.9% | – 51.3% | 20 | 15 |
| 29 | Toyota Raize | 543 | 0.8% | – 58.7% | 21 | 18 |
| 30 | Honda CR-V | 469 | 0.7% | – 4.5% | 33 | 36 |
| 31 | Toyota Hiace | 314 | 0.5% | + 7750.0% | 28 | 37 |
| 32 | Suzuki S-Presso | 281 | 0.4% | new | 37 | 38 |
| 33 | Hyundai Ioniq 5 | 268 | 0.4% | + 14.5% | 34 | 31 |
| 34 | Toyota Land Cruiser 300 | 244 | 0.4% | + 12100.0% | 47 | 61 |
| 35 | Chery OMODA 5 | 229 | 0.3% | new | 49 | 43 |
| 36 | Suzuki Grand Vitara | 220 | 0.3% | new | 53 | 52 |
| 37 | Daihatsu Luxio | 218 | 0.3% | – 25.6% | 76 | 42 |
| 38 | Suzuki APV Minibus | 206 | 0.3% | + 17.7% | 46 | 40 |
| 39 | Mitsubishi L200 Triton | 199 | 0.3% | – 46.1% | 51 | 28 |
| 40 | Daihatsu Rocky | 198 | 0.3% | – 65.1% | 39 | 35 |
| 41 | Toyota Voxy | 150 | 0.2% | + 138.1% | 43 | 46 |
| 42 | Honda City | 136 | 0.2% | – 41.1% | 42 | 41 |
| 43 | Honda Mobilio | 121 | 0.2% | + 75.4% | 67 | 54 |
| 44 | Mazda CX-5 | 120 | 0.2% | + 566.7% | 44 | 51 |
| 45 | Toyota Yaris Cross | 119 | 0.2% | new | 41 | 30 |
| 46 | Toyota Hilux | 118 | 0.2% | – 95.3% | 26 | 16 |
| 47 | Wuling Cortez | 109 | 0.2% | + 179.5% | 57 | 63 |
| 48 | Hyundai Palisade | 96 | 0.1% | – 26.2% | 50 | 45 |
| 49 | Suzuki Baleno | 88 | 0.1% | – 47.6% | 45 | 44 |
| 50 | Lexus LM | 81 | 0.1% | new | 52 | 74 |
| 51 | Toyota Yaris | 75 | 0.1% | – 74.0% | 87 | 55 |
| 52 | Wuling Alvez | 75 | 0.1% | n/a | 35 | 32 |
| 53 | Wuling Almaz | 72 | 0.1% | – 26.5% | 40 | 49 |
| 54 | Suzuki Ignis | 70 | 0.1% | – 64.5% | 61 | 57 |
| 55 | Dongfeng Mini Truck | 68 | 0.1% | – 71.9% | 58 | 66 |
| 56 | Kia Sonet | 65 | 0.1% | + 712.5% | 82 | 67 |
| 57 | Toyota Alphard | 61 | 0.1% | – 68.1% | 48 | 39 |
| 58 | Honda Civic | 59 | 0.1% | + 247.1% | 54 | 58 |
| 59 | BMW 3 Series | 58 | 0.1% | + 65.7% | 72 | 68 |
| 60 | MG ZS | 44 | 0.1% | + 450.0% | 64 | 87 |
| 61 | Hyundai Santa Fe | 43 | 0.1% | – 55.7% | 71 | 62 |
| 62 | BMW X3 | 40 | 0.1% | – 33.3% | 93 | 82 |
| 63 | Mazda3 | 39 | 0.1% | + 457.1% | 55 | 70 |
| 64 | MG 4 | 39 | 0.1% | new | 147 | 139 |
| 65 | Neta V | 39 | 0.1% | new | 60 | 113 |
| 66 | Nissan Serena | 36 | 0.1% | – 26.5% | 104 | 84 |
| 67 | Wuling Confero S | 32 | 0.0% | – 75.8% | 31 | 33 |
| 68 | Honda Accord | 31 | 0.0% | n/a | 118 | 85 |
| 69 | Mazda CX-3 | 30 | 0.0% | – 90.6% | 68 | 50 |
| 70 | Nissan Livina | 30 | 0.0% | – 56.5% | 85 | 72 |
| 71 | Chery GT | 29 | 0.0% | new | 63 | 118 |
| 72 | Mercedes GLC | 28 | 0.0% | n/a | 83 | 88 |
| 73 | Chery Tiggo 8 Pro | 27 | 0.0% | – 41.3% | 90 | 73 |
| 74 | Seres E502 | 27 | 0.0% | new | 78 | 135 |
| 75 | Kia EV9 | 26 | 0.0% | new | 80 | 156 |
| 76 | Toyota Land Cruiser 70 | 26 | 0.0% | n/a | 144 | 120 |
| 77 | Mercedes GLE | 22 | 0.0% | – 4.3% | 75 | 91 |
| 78 | MG 5 GT | 21 | 0.0% | – 25.0% | 94 | 81 |
| 79 | BMW X5 | 20 | 0.0% | – 55.6% | 89 | 71 |
| 80 | BMW IX | 20 | 0.0% | new | 59 | 69 |
| 81 | BMW X1 | 20 | 0.0% | n/a | 66 | 93 |
| 82 | Mercedes C-Class | 19 | 0.0% | – 74.7% | 56 | 65 |
| 83 | Mini Cooper | 19 | 0.0% | + 216.7% | 62 | 75 |
| 84 | Lexus NX | 19 | 0.0% | + 850.0% | 65 | 103 |
| 85 | Lexus RX | 19 | 0.0% | n/a | 69 | 60 |
| 86 | Toyota Camry | 18 | 0.0% | – 5.3% | 81 | 79 |
| 87 | BMW X7 | 18 | 0.0% | n/a | 106 | 133 |
| 88 | Mini Countryman | 17 | 0.0% | – 52.8% | 101 | 99 |
| 89 | Chery Tiggo 7 Pro | 14 | 0.0% | – 54.8% | 110 | 86 |
| 90 | BMW 2 Series | 14 | 0.0% | + 27.3% | 98 | 100 |
| 91 | Mercedes A-Class | 13 | 0.0% | – 23.5% | 97 | 106 |
| 92 | MG HS | 13 | 0.0% | + 85.7% | 122 | 112 |
| 93 | Mazda CX-8 | 11 | 0.0% | – 42.1% | 99 | 102 |
| 94 | Dongfeng Gelora | 11 | 0.0% | – 26.7% | 73 | 95 |
| 95 | BMW 7 Series | 11 | 0.0% | + 450.0% | 86 | 122 |
| 96 | Kia Seltos | 11 | 0.0% | n/a | 117 | 127 |
| 97 | Subaru BRZ | 10 | 0.0% | – 67.7% | 103 | 116 |
| 98 | Toyota Vios | 10 | 0.0% | – 56.5% | 79 | 76 |
| 99 | Nissan Kicks | 10 | 0.0% | – 9.1% | 138 | 123 |
| 100 | Subaru Forester | 10 | 0.0% | n/a | 127 | 157 |
| 101 | Toyota GR 86 | 10 | 0.0% | n/a | 146 | 132 |
| 102 | Subaru Crosstrek | 9 | 0.0% | n/a | 129 | 117 |
| 103 | Subaru Outback | 9 | 0.0% | n/a | 120 | 158 |
| 104 | Mazda2 | 8 | 0.0% | – 73.3% | 102 | 109 |
| 105 | Mercedes CLA | 8 | 0.0% | + 33.3% | 148 | 142 |
| 106 | Wuling Formo | 7 | 0.0% | – 97.5% | 38 | 48 |
| 107 | Suzuki Jimny | 7 | 0.0% | – 93.3% | 88 | 64 |
| 108 | BMW 5 Series | 7 | 0.0% | – 85.4% | 77 | 90 |
| 109 | Hyundai Ioniq 6 | 7 | 0.0% | new | 135 | 101 |
| 110 | Wuling Air | 6 | 0.0% | – 83.3% | 27 | 34 |
| 111 | VW Tiguan | 6 | 0.0% | – 50.0% | 121 | 110 |
| 112 | Hyundai Staria | 6 | 0.0% | – 33.3% | 111 | 121 |
| 113 | Mercedes GLA | 5 | 0.0% | – 93.5% | 119 | 105 |
| 114 | Mercedes E-Class | 5 | 0.0% | – 86.5% | 109 | 80 |
| 115 | Dongfeng Glory 560 | 5 | 0.0% | – 76.2% | – | 138 |
| 116 | Mazda CX-9 | 5 | 0.0% | – 68.8% | 115 | 119 |
| 117 | Mercedes V-Class | 5 | 0.0% | + 66.7% | 150 | 151 |
| 118 | Peugeot 2008 | 5 | 0.0% | + 150.0% | 152 | 164 |
| 119 | BMW i7 | 5 | 0.0% | new | 107 | 125 |
| 120 | Peugeot 5008 | 4 | 0.0% | + 0.0% | 142 | 147 |
| 121 | BMW Z4 | 4 | 0.0% | n/a | – | 140 |
| 122 | Mazda CX-60 | 4 | 0.0% | new | 113 | 131 |
| 123 | Peugeot 3008 | 3 | 0.0% | – 66.7% | 140 | 136 |
| 124 | Mazda MX-5 | 3 | 0.0% | – 25.0% | 141 | 146 |
| 125 | Mazda6 | 3 | 0.0% | + 200.0% | 130 | 128 |
| 126 | BMW 4 Series | 3 | 0.0% | n/a | 100 | 89 |
| 127 | BMW X6 | 3 | 0.0% | n/a | – | 161 |
| 128 | Lexus LX | 3 | 0.0% | n/a | 105 | 126 |
| 129 | Mercedes EQA | 3 | 0.0% | new | – | 165 |
| 130 | Subaru WRX | 3 | 0.0% | n/a | 131 | 129 |
| 131 | Mercedes S-Class | 2 | 0.0% | – 90.0% | 137 | 115 |
| 132 | Toyota bZ4X | 2 | 0.0% | – 71.4% | 134 | 83 |
| 133 | Mercedes G-Class | 2 | 0.0% | – 50.0% | – | 141 |
| 134 | Mercedes GLC Coupe | 2 | 0.0% | – 50.0% | – | 169 |
| 135 | Toyota Corolla Cross | 2 | 0.0% | – 50.0% | 70 | 59 |
| 136 | Kia EV6 | 2 | 0.0% | new | 108 | 143 |
| 137 | Mini Clubman | 2 | 0.0% | n/a | 92 | 144 |
| 138 | Toyota Supra | 2 | 0.0% | n/a | 143 | 170 |
| 139 | Mercedes GLS | 1 | 0.0% | – 93.8% | 139 | 134 |
| 140 | Mercedes GLB | 1 | 0.0% | – 91.7% | 132 | 137 |
| 141 | VW T-Cross | 1 | 0.0% | – 75.0% | 133 | 154 |
| 142 | Audi A6 | 1 | 0.0% | + 0.0% | – | 183 |
| 143 | Audi A5 | 1 | 0.0% | n/a | – | 179 |
| 144 | Audi A8 | 1 | 0.0% | n/a | – | 197 |
| 145 | BMW X4 | 1 | 0.0% | n/a | 124 | 148 |
| 146 | Genesis G80 | 1 | 0.0% | n/a | 112 | 171 |
| 147 | Kia K2700 | 1 | 0.0% | n/a | 145 | 193 |
| 148 | Lexus RZ | 1 | 0.0% | new | 91 | 107 |
| 149 | Mercedes EQS | 1 | 0.0% | new | – | 149 |
| 150 | Toyota Corolla | 1 | 0.0% | n/a | 114 | 77 |
Source: GAIKINDO
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