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Sales of motorcycles and scooters declined by 12% in ASEAN region in 2015

Sales of motorcycles and scooters declined by 12% in ASEAN region in 2015
Photo courtesy of Diego Delso [<a href="http://creativecommons.org/licenses/by-sa/3.0">CC BY-SA 3.0</a>], <a href="https://commons.wikimedia.org/wiki/File%3ATr%C3%A1fico_en_Ciudad_Ho_Chi_Minh%2C_Vietnam%2C_2013-08-14%2C_DD_02.JPG">via Wikimedia Commons</a>

ASEAN Automotive Federation data, which for two-wheelers include five of the 10 ASEAN member-states, revealed that the Philippines was the only growth market for motorcycles and scooters last year. Total motorcycle and scooter sales within the ASEAN region declined by 11.7% in 2015 to 9.59 million units, from 10.85 million units in 2014. Sales of two-wheelers in the Philippines grew by 7.6% to 850,509 units last year, from 790,245 units in 2014. In Indonesia, sales declined by 15.2% to 6.7 million units while sales in Malaysia dropped 14% to 380,802 units. Sales of motorcycles and scooters also declined by 8.4% and 3.7% in Singapore and Thailand, respectively.

The Philippines also emerged in 2015 as the third fastest-growing automotive market, with passenger car and commercial vehicle sales rising by 22.9% to 288,609 units, behind Singapore, where vehicle sales rose 65.7% to 78,609 units, and Vietnam, where vehicle sales rose 56.7% to 209,267 units. These three countries were the only ones among the seven ASEAN countries that reported motor vehicle sales data to post growth last year.

Last year, vehicle sales declined by 16.1% in Indonesia, the largest vehicle market in ASEAN, to 1,013,291 units, and by 9.3% in Thailand, to 881,832 units. In Malaysia, vehicle sales were flat at 666,674 units.

As a result, total motor vehicles sold in the seven ASEAN countries fell 3.8% to 3.07 million units last year, from 3.19 million units in 2014.

By 2020, vehicle sales are projected to reach five to six million units, with Thailand and Indonesia still leading the region in terms of volume sold.

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