85.2% of Tesla Model Y sales have gone to private buyers in March.
102,956 new cars found a private buyer in Germany in March, a sumptuous 22% year-on-year improvement. The Private Sales Ratio (PSR) stands at 35% vs. 33.3% a year ago in March 2025. Over Q1, private sales tilt into positive at +0.9% to 228,006 and 32.6% PSR vs. 34% over Q1 2025.
For the first time we can share with you an exclusive look at the brands ranking for German private sales. Volkswagen (-2%) is on top but can only muster a weak 11.8% share vs. 17.9% in the overall market, due to a weal 23.2% PSR. It is followed relatively closely by Skoda (+35.6%, 37.1% PSR) at 9% with Mercedes (+4.2%, 38.1% PSR) taking the third spot Tesla (+534.3%) jumps to 4th place with 83.9% PSR, ahead of BMW (+36.8%, 28.5% PSR), Hyundai (+74.2%, 58.8% PSR) and Dacia (+0.1%, 65.5% PSR).
We have a clear leader in the models charts: the Tesla Model Y at an exceptional 85.2% PSR and with over 5,800 sales. This is the first time since September 2024 that the Model Y tops the German PS charts. The Hyundai Tucson (68.3% PSR) takes the second spot above the Fiat Ducato (56.7% PSR) and Skoda Elroq (51.8% PSR) which led last month. The VW Golf, a distant leader in the general market, only rails #5 here with a paltry 22.6% PSR. Other great PSR are delivered by the Tesla Model 3 (80.6%), Dacia Sandero (67.9%), Cupra Born (67.7%) and Skoda Karoq (60.3%).
The Chevrolet Aveo is the best-selling vehicle in Mexico in March.
New vehicle sales in Mexico edge up 2.4% year-on-year in March (on revised year-ago volume) to 131,569 units. This is the 2nd biggest March volume below the 137,021 units of March 2017. Q1 results are up 3.7% to 381,653 which is a new record, eclipsing the previous best of 378,275 in Q1 2017. Nissan (-6.2%) keeps the lead despite a year-on-year fall, which Chevrolet (+0.5%) is stable at #2. Volkswagen (+3.8%) repeats at #3 ahead of Toyota (-7%) and Kia (+4.6%). The best scores are below: Geely is up 321.5% to break into the Mexican Top 10 for the first time at #9, Ram gains 35.2%, MG is up 28.4% and Hyundai up 10.6%. Further down, Cupra (+185.2%), Peugeot (+56.5%) and Changan (+51.3%) stand out.
Over in the models ranking, the Chevrolet Aveo (+9.2%) topples the traditional leader, the Nissan Versa (-20.8%) in great difficulty. This is the first time since February 2022 that the Aveo leads the Mexican charts and the first time since April 2023 that the Versa isnβt the best-seller. The Kia K3 (+3.8%) stays in third place above the Nissan NP300 (-20.6%) and a surging Hyundai Grand i10 (+89.8%). The Nissan Magnite (+749.8%) and Ram 1200 (+144.1%) post surreal gains with the MG 5 (+15.6%) also strong and the Nissan Kicks (+3.7%) down just one spot on a record 5th place reached last month.
The VW Touareg is up to a world best #4 in Ukraine in March.
New light vehicle sales in Ukraine are up a robust 10.9% year-on-year in March to 5,534 units, bringing the year-to-date tally over the First Quarter to 14,446, up 3.7% on the same period in 2025. Toyota (+50.7%) easily holds onto the top spot thanks to a fantastic gain lifting it to 15% share. This is however below the 16.7% it sports YTD. Renault (+7.2%) repeats at #2, a ranking it also holds year-to-date. Volkswagen (+15.3%) overtakes Skoda (+33.7%) for third place with Hyundai (+48.9%) rounding out the Top 5. Mazda (+96%) and Nissan (+26.2%) also shine in the remainder of the Top 10. Note BYD down -14.4% to #10 vs. #6 YTD and #2 over the Full Year 2025.
Model-wise, the Toyota RAV4 (+128.7%) surges ahead to repeat at #1 with 7.1% share, cementing its YTD lead. Like last month the Renault Duster (-19.3%) is #2 while the Hyundai Tucson (+52.9%) is up one spot on February to #3. The VW Touareg (+17%) shines at #4 which could be its highest ranking in the world. The Skoda Kodiaq (+13.4%) also beats the market, but is less impressive than the Nissan Qashqai (+187.8%) and Toyota Prado (+100%). The Kia Sportage (+23.9%) and Suzuki S-Cross (-9.2%) ensure the Top 9 is only composed of SUVs.
The Renault Filante is up to #9 for its first full month in market.
Excellent result for new light vehicle sales in South Korea with March volumes up 10.2% year-on-year to 164,393 units. This includes 130,529 local manufacturers (+5.3%) and 33,964 foreigners (+34.6%). Over Q1, the market is up 5.2% to 407,713 including 325,608 locals (-0.4%) and 82,105 foreigners (+35.4%). For the third straight month, Kia (+12.7%) outsells sister brand Hyundai (-2.1%) with 34.3% share vs. 31.3%. Kia commands 34.7% of its home market YTD vs. 32.6% for Hyundai. Tesla (+329.6%) repeats at #3 and breaks its volume (11,130) and share (6.8%) records, previous bests having been established just last month. Genesis (-1.4%) is back from the brink and surpasses 10,000 units for the first time since last November. BYD (+16540%) celebrates one year in market with a record 9th place.
Looking at domestic models, the Kia Sorento (+7%) snaps the top spot for the 16th time in the past 19 months and sees its YTD sales back in positive at +1%. The Hyundai Grandeur (+21.9%) climbs up to #2 both for the month and YTD, followed by the Hyundai Porter (+5.3%) and Sonata (+26.1%) both down one spot on last month. The Kia Seltos (-6.9%) is back up 19 ranks on February to #8. But the surprise of the month is to be found below: the all new Renault Korea Filante is up 46 spots on last month to end March inside the Top 10 at #9. For reference, the brandβs previous success, the Grand Koleos (-75.5%), now cannibalised, peaked at #5 in November 2024. The Kia EV5 (#16), PV5 (#17) and EV4 (#27) are the next best-selling recent launches.
As for foreign models, Tesla manages a 1-2 for the first time with the Model Y (+3691.6%) in first place and the Model 3 (+57.9%) at #2. Note the Model Y would rank #3 in the overall charts when including domestic models. The Mercedes E Class (-24.1%) and BMW 5 Series (-7.2%) struggle below and each drop one rank on February to #3 and #4. The new BYD Sealion 7 cracks the Top 5 for the 2nd time after September 2025. The Polestar 4 (+122.8%) soars to #7 while the BYD Dolphin breaks into the Top 10 at #9 for what is its first appearance inside the Top 50.
The Yuan Up is BYDβs best-seller, ranking #5 overall.
The growing pains of a βpost-policy adjustment periodβ in China following the end of purchase tax exemptions have proven far more severe than anticipated. CAAM data has the Chinese new vehicle Β market reaching 2,899,000 units in March, down -0.6% year-on-year. However this includes exports and March sales show an βcold-at-home, hot-abroadβ dynamic. The domestic market remains in freefall with sales down -16% year-on-year to 2,024,000 units whereas exports surge 72.7% to 875,000 units. Production is down -3% year-on-year to 2,917,000. Over Q1, sales are down -5.6% to 7,048,000 units and production off -6.9% to 7,039,000. Domestic sales sink -20.3% to 4,823,000 just as exports soar 56.7% to 2,226,000.
Looking at segments, March Passenger Vehicle wholesales are down -2.3% to 2,446,000 and Commercial Vehicles are up 8.9% to 487,000. Domestic PV sales are down -19.2% to 1,663,000 and CV sales are up 2.7% to 360,000. Year-to-date, PV sales are down -7.6% to 5,934,000 and CV sales up 4.% to 1,114,000. Domestic PV and CV sales are down 23.4% to 4,013,000 and up 0.03% to 810,000 respectively.
New Energy Vehicle sales are up 1.2% year-on-year in March to 1,252,000 units, with domestic sales down -18.3% to 882,000 and accounting for 43.6% of the total domestic market. In the detail, BEVs are up 3.2% to 831,000 and PHEVs down -2.3% to 421,000. Year-to-date, NEV sales are down -3.7% to 2,960,000 including 1,913,000 BEVs (-0.8%) and 1,047,000 PHEVs (-8.6%).Β
Exports show a completely different picture. PV exports surge 82.4% to 748,000 while CV exports are up 31.4% to 127,000 units. Over Q1, PV exports are up 63% to 1,921,000 and CV exports up 26% to 305,000. Notably,Β NEV exports are up 130% year-on-year in March to 371,000 and up 120% to 954,000 units year-to-date.
The Li i6 is up to a record 4th place in March.
After a few turbulent months, the brands ranking returns to some kind of normalcy, in the sense that BYD (-38.4%) posts an easy win with over 166,000 sales, compared to roughly 68,000 in January and 74,000 in February. Even though this is still a steep year-on-year fall, the fact that BYD is back on top will have many executives at the company sighing with relief. While most of its models are down sharply, the Dolphin (+50.7%), Seal 05 (+84.5%), and Yuan Up (+25.4%) stand out just as the new Sealion 06 adds over 18,300 to the total. We welcome the Song Ultra with 1,214 sales. BYD pushes Geely (-18%), in an unusual rut, to 2nd place but the latter remains by far the YTD lead with almost 407,000 units vs. 308,000 for BYD which still ranks at a low #4. Toyota (-8%) manages to outsell Volkswagen (-22.1%) for the first time since July 2021.
Below, Nissan (+29.9%) spectacularly sports the only year-on-year gain in the Top 10, and a stunning one at that. The Japanese carmaker is helped by strong performances of the Sylphy (+35.8%) which accounts for 57% of the brandβs March volume, and even though the new N6 and N7 are disappointing. Li Auto (+11.9%) progresses to #11 which is its best ranking since October 2024. Fang Cheng Bao (+162.3%), NIO (+121.5%), Qiyuan (+83.1%), Zeekr (+72.7%) and Deepal (+45.9%) impress below. Of note is MG, traditionally very discreet at home in contrast with export markets, up 80.4% to #30. Among foreign manufacturers, Volvo (+43.3%), Citroen (+41.9%), Mazda (+24.4%) and Cadillac (+22.5%) make themselves noticed.
Looking at the models ranking in isolation, the Tesla Model Y (-17.4%) sports its first win of the year despite a harsh YoY fall, and ranks #2 year-to-date vs. #3 over the Full Year 2025. The Geely Xingyuan (-4.7%) is toppled to #2 but ascends to #1 over Q1. As noted above, the Nissan Sylphy (+35.8%) shines and is up 25 spots on February to #3. The new Li i6 climbs up a further two ranks to a record 4th place, a tremendous performance for the newcomer. The Yuan Up (+25.4%) is back up 50 spots to #5, distancing the VW Lavida (-17.1%) and the new BYD Sealion 06. The Geely Boyue L (+102.7%) and BYD Dolphin (+50.7%) also shine in the remainder of the Top 10.
The Jaecoo J5 ends the month just 65 off the March models top spot.
Indonesian new vehicle wholesales are in poor form in March at -13.6% year-on-year to just 61,271 units, yet with a year-to-date tally up 1.9% to 209,021. Retail sales similarly drop -13% to 66,637 but are up 0.7% over Q1 to 211,905.Β
In the wholesales brands ranking, leaders Toyota (-20%) and Daihatsu (-31.7%) both fall even faster than the market but remain on top with 29.4% and 14.6% share respectively. Mitsubishi (-10%) is in better shape at #3 but still drops by double-digits. Suzuki (+2.5%) defies the negative market but drops one spot on February to #4. Honda (-34.5%) collapses but manages to stay at #5. Newcomer Jaecoo breaks all its records at #6 with 3,035 sales and 5% share, eclipsing its previous best of #7, 3,005 and 3.7% established just last month. It overtakes BYD (-8.2%) to become the most popular Chinese brand in Indonesia for the month. Indonesian carmaker Aletra, a partnership between PT Sinar Armada Globalindo (SAG) and Livan Auto, makes its first appearance in the charts at #39.
Retail-wise, the ranking and YoY evolutions are a little different. Toyota (-20.3%), Daihatsu (-15.2%) and Mitsubishi (-16.7%) still lead but Suzuki (-10.3%) is down and BYD (+44.7%) markedly up at #5. Honda (-50%) and newcomer Jaecoo follow.
Over in the wholesales model ranking, the Toyota Kijang Innova (-43.5%) is in complete freefall year-on-year but manage to grasp the March lead with 4.9% share. It still ranks #2 year-to-date. The performance of the month is delivered by the new Jaecoo 5, launched last November and already #2 overall, only 65 sales off the pole position. A tremendous start for the Chinese BEV. The Daihatsu Gran Max Pikap (+13.1%) stays at #3 and remains in the YTD lead with 5.9% share. It is followed by last monthβs leader the Suzuki New Carry Pikap (+85.1%).Β
The Model Y is at its highest in 2 years in Germany.
294,161 new cars hit German roads in March, a stunning 16% year-on-year gain. The Q1 volume is now up 5.2% to 699,404. 70,663 BEVs found a buyer this month, up a fantastic 66.2% while the Q1 volume is up 41.3% to 159,630. Volkswagen (+3.2%) significantly trails its home market at 17.9% share vs. 18.7% so far this year. Skoda (+34%) lodges another remarkable performance, ranking #2 for the third consecutive month and ever. BMW (+16.5%), Mercedes (+7.5%) and Audi (+25%) round out the Top 5 ahead of a surging Opel (+43%). Hyundai (+30.6%) also shines at #7 but the biggest gain in the Top 10 is delivered by Tesla at an extravagant +315.1% to #9, its highest ranking in exactly 3 years, since also reaching #9 in March 2023. Below, Kia (+33.3%), Fiat (+29%) and Mazda (+27.6%) stand out while BYD is up 327.1% to #23.
Over in the models charts, the VW Golf (+20.1%) sports its biggest YoY gain since July 2025 and is once again the faraway leader. The surprise of the month is the 2nd place of the Tesla Model Y (+379.1%) up almost 5-fold YoY and up 52 spots on February, reaching its best ranking since February 2024 when it was also #2. Remember the Model Y was #1 outright in Germany in September 2022. The VW T-Roc (-19.9%) and Tiguan (-8.6%) both struggle and are relegated to #3 and #4 respectively just as the Opel Corsa (+24.8%) climbs three ranks on last month to #5. The Audi A6 (+15.3%) is up two to #9 and the Mercedes GLC (+28.6%) up five to #10. Just outside the Top 10, the Skoda Elroq (+242%), BMW X3 (+178.8%) and Hyundai Tucson (+136.4%) make themselves noticed. Note 34% of X3 sales come from the iX3 BEV variant in March.
The Tesla Model Y resumes its dominance in Finland.
Finnish new car sales post an unusually strong month in March at +10% year-on-year to 6,692 units. This tilts the YTD tally into positive territory at +2.7% to 16,886. Toyota (-5.2%) remains the most popular brand in the country by far at 13.3% share despite a YoY fall and finding itself one percentage point below its YTD level. Volkswagen (+0.5%) is stable in 2nd place, a disappointing result in context. In contrast Volvo (+25%) and most impressively Tesla (+100.7%) stun below. BMW (+48.1%) also vastly outpaces the market at #7 while BYD (+194.3%), Renault (+124.3%) and Peugeot (+90.9%) stand out below.
Model-wise, the Tesla Model Y (+76.6%) ranks #1 for the 4th consecutive month with 5.4% share, as a reminder it was #5 over the Full Year 2025. The Toyota Yaris Cross (+112.9%) surges to 2nd spot, also held YTD vs. #1 over the Full Year 2025. The Nissan Qashqai (+63.2%) is back up to #3 while the Tesla Model 3 (+154.4%) surges to #4, the nameplateβs highest ranking in Finland since December 2024. Notice also the Mercedes CLA (+2366.7%) at #7, the Skoda Elroq (+258.5%) at #8 and the VW T-Roc (+306.5%) at #13.