Indonesia and Malaysia/Singapore - Projected car sales 2010 and 2015
Car sales in Asian markets
Car sales worldwide went up from some 61 million units in 2011 to a little under 70 million units by 2013. This considerable growth is expected to continue in 2014, with the Asian market experiencing a sales amount of more than 32 million units.
In Asia, Oceania and the Middle East, car sales went up from roughly 27 million units in 2011 to more than 30 million units in 2012. More specifically, passenger car sales in Malaysia reached 577,000 units, while around 28,000 passenger vehicles were sold to customers in Singapore in 2013. That year, about 871,000 cars were sold in Indonesia.
As evident by these numbers, the Asian vehicle market is the largest worldwide, far surpassing other markets. It’s led by China: as of June 2014, motor vehicle sales amounted to more than 11 million units in China alone. The country is also the region’s largest producer of automobiles: Well over 4 million vehicles were produced here in 2013, surpassing other Asian countries active in the manufacture of automobiles, including Japan and Korea. Thanks to its joint venture policy, China has become Asia’s main producer of motor vehicles: General Motors, Nissan, Peugeot and Volkswagen all have joint ventures with Chinese auto manufacturers such as SAIC, FAW or Dongfeng.