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Malaysia-bound 2024 Honda CR-V holds nearly 90% market share of Sept C-SUV sales in Thailand

CY Foong · Oct 17, 2023 10:45 AM

Malaysia-bound 2024 Honda CR-V holds nearly 90% market share of Sept C-SUV sales in Thailand 01

Despite the price hike for the all-new 2024 Honda CR-V in Thailand, the sixth-generation SUV has remained the most popular choice in its segment since its launch. From April onwards, the all-new CR-V kicked the Haval H6 off the top spot and has not moved since.

Malaysia-bound 2024 Honda CR-V holds nearly 90% market share of Sept C-SUV sales in Thailand 02

However, September’s sales data compiled by Autolife Thailand showed that not only has the Honda CR-V continued to be Thailand’s best-selling C-segment SUV of the month, but it also absolutely decimated the competition.

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2,899 units of the CR-V were sold in the Kingdom in September, a whopping 88.6% of the market share.

Malaysia-bound 2024 Honda CR-V holds nearly 90% market share of Sept C-SUV sales in Thailand 01

The Haval H6 which was in second place that month sold only a mere 112 units and it was the only model to have a 3-figure sales during that period.

Also read: China rising? 1 in every 3 new C-SUVs sold in Thailand is GWM's Haval H6 but new-gen Honda CR-V is winning again

Malaysia-bound 2024 Honda CR-V holds nearly 90% market share of Sept C-SUV sales in Thailand 02

Source

September’s sales were also the highest on record for the all-new CR-V, easily beating the month before when it sold 658 units. Between August and September, sales of the all-new CR-V in Thailand shot up 77%.

That boost helped the CR-V to maintain its position as Thailand’s best-selling C-segment SUV of 2023 with 5,935 units sold which accounts for 50.7% market share.

Malaysia-bound 2024 Honda CR-V holds nearly 90% market share of Sept C-SUV sales in Thailand 03

The Thai-spec CR-V is available in 5 variants – three turbocharged 1.5-litre petrol (192 PS/240 Nm) variants and two 2.0-litre dual motor i-MMD full hybrid (Combined 185 PS/335 Nm) variants. Prices for the CR-V in the Kingdom range between THB 1,419,000 to THB 1,729,000 (~RM 186k-227k).

Also read: All-new 2023 Honda CR-V launched in Thailand, now with 185 PS, 335 Nm e:HEV hybrid

Malaysia-bound 2024 Honda CR-V holds nearly 90% market share of Sept C-SUV sales in Thailand 04

The all-new CR-V has been launched in our neighbours including Indonesia and most recently the Philippines. It should be arriving in Malaysia by the end of the year as Honda Malaysia announced back in March that it plans to launch 4 new models in 2023.

Also read: Honda Malaysia to launch 4 new 2023 models - WR-V, CR-V, Civic Type-R FL5, and City facelift to raise market share to 12.3 percent

Malaysia-bound 2024 Honda CR-V holds nearly 90% market share of Sept C-SUV sales in Thailand 05

Following the launches of the Honda WR-V, Honda City facelift, and the FL5 Honda Civic Type R, all that remains is the all-new CR-V which has been spotted on our roads in disguise. However, do expect a massive price bump as seen in all of our neighbours in the ASEAN region thus far.

Also read: Another round of price up for Honda CR-V Hybrid in Indonesia, how much more expensive will it get for Malaysia?

CY Foong

Writer

Traded advertising for a career that fits his passion for cars. Enjoys spotting cars during his free time and has a soft spot for Japanese Kei cars but drives a thirsty manual sedan.

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