Chinese automakers strengthen their presence in Southeast Asia [Yahoo! Finance]
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Source: Yahoo! Finance
Chinese automakers reported strong sales growth in Southeast Asia last year, with their combined deliveries in Thailand, Indonesia, Malaysia and the Philippines surging by 95% to over 377,450 units from 193,510 in 2024, according to preliminary data released by local industry sources. Overall sales in these four markets were just slightly lower at 2.71 million units in 2025, meaning that Chinese automakers doubled their combined share of the region's markets last year to 14%, from 7% in 2024, mainly at the expense of underperforming Japanese automakers including Honda, Nissan and Daihatsu. While Thailand was the third-largest market in Southeast Asia last year, it was the largest market for Chinese brands with over 140,000 sales, accounting for 23% of total vehicle sales. Indonesia was the second-largest market in the region for Chinese automakers with over 128,000 sales and a market share of 16%, followed by Malaysia with 59,990 units (7%) and the Philippines with 48,960 units (
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- 2/10/26 - Form 6-K
- 12/16/25 - Form 6-K
- HMC's page on the SEC website