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GlobalData blog: ASEAN market report and outlook
After Malaysia surpassed Thailand to become the second-largest Light Vehicle (LV) market in the ASEAN region in 2023, second only to Indonesia, our sales outlook requires careful consideration.
In 2023, Malaysia’s total LV sales increased by 12% YoY to a record high of 793k units. Meanwhile, the Thai and Indonesian m....
In 2023, Malaysia’s total LV sales increased by 12% YoY to a record high of 793k units. Meanwhile, the Thai and Indonesian m....
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