2019 Overall Asia Region Auto Industry Sales Figures

Asian Passenger Car Sales for 2019

In 2019, the Asian automotive market witnessed negative trends in car sales across different countries. China’s automotive industry remained the largest automobile market globally in 2019. However, car sales experienced a decline for the second consecutive year, down almost 10%. The decline was attributed to factors such as the economic slowdown, trade tensions, government restrictions on vehicle ownership, and changes in subsidy policies for electric vehicles. Despite the decline, China continued to account for a significant portion of global car sales.

Japan’s car market experienced a modest decline in sales in 2019, down 2%. Car sales decreased compared to the previous year due to factors such as the increase in consumption tax, subdued consumer sentiment, and a natural disaster (Typhoon Hagibis) that disrupted production and sales. However, sales of hybrid cars remained relatively stable, and automakers continued to focus on introducing new models with advanced features. The Indian automobile industry faced significant challenges in 2019. Car sales experienced a sharp decline compared to previous years due to factors such as an economic slowdown, liquidity constraints, rising fuel prices, and policy changes. However, there was continued demand for SUVs, and automakers focused on launching new models in this segment. In all, sales dropped almost 13% year on year.

South Korea’s automotive industry experienced a moderate decline in car sales in 2019. Sales decreased compared to the previous year due to factors such as a weaker global economy, trade tensions, and reduced demand from major export markets. However, Hyundai and Kia continued to be major players in the market, with a focus on fuel-efficient models and electric vehicles. Car sales in Southeast Asia displayed mixed performance in 2019.

The indicator estimates the number of new passenger car registrations and sales that took place within a country in a year. Passenger cars are road motor vehicles, other than a motor cycle, intended for the carriage of passengers and designed to seat no more than nine persons (including the driver).

List of Asian Countries by Motor Vehicle Production for 2019

The average for 2019 based on 43 Asian area countries was 815,643 new passenger cars sold. The highest value was in China: 21,472,092 passenger cars and the lowest value was in Mongolia: 109 passenger cars. Total Asia region passenger car sales hit 35,072,633 units produced.

• Total Car Sales for 2019: 35,072,633 – for all of Asia
• Top Ranked Country Sales: 21,472,092 – China
• Lowest Ranked Country Sales: 109 – Mongolia
• Average Country Sales: 815,642.6
• Number of Countries in Analysis: 43

It’s important to note that specific sales figures and rankings may vary slightly depending on the source, as data can differ between different market research firms and organizations. For this analysis, we have used OICA data.

2019 Asia Region Passenger Car Sales Chart

This visual tree-chart shows the relative size of the Asian car market and how each country fairs in terms of market share size.

Top Asian Car Markets Ranked for 2019

Source: OICA