Month Update - Automotive Sales in July
• According to Automotive Distributors’ Association (ODD) data, auto market contracted by 45% YoY to 47,849 units in July 2021. (July 2020: 87,401) The contraction in passenger cars were 48% YoY, and LCV sales declined by 36% YoY.• TOASO’s sales declined by 59% YoY to 7,336 units. TOASO’s PC sales were down by 64% YoY, and its LCV sales decreased by 43% YoY. TOASO’s market share contracted to 15% in July, compared to 18% in June.
• FROTO’s sales were down by 55% YoY to 5,003 units. FROTO’s PC sales decreased by 77% YoY, and its LCV sales were up by 45% YoY. FROTO’s market share advanced to 10% in July, compared to 7% in June.
• DOAS’s sales contracted by 38% YoY to 9,356 units. DOAS’s PC sales were down by 36% YoY, and its LCV sales were down by 50% YoY. DOAS’s market share grew to 20% in July, compared to 19% in June.
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