July Slump In Car Sales

Author: EIS Release Date: Sep 13, 2023

July car sales fell 10% m-o-m to 5.44 million vehicles, according to TrendForce.

 

The top ten car brands increased their collective share by 2.3% to 50.7%.

 

 

 

Toyota saw sales fall 5% m-o-m and took 10.2% of the  market. VW saw sales fall 13% m-o-m and took a 6.6%

 

 

Honda and Ford were third and fourth with China’s BYD  – the only top ten brand making only  EVs. – in fifth place.