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Vehicle Sales to Cross 3.5 Million Units in 2018 as Japanese Carmakers Continue to Lead the Market in Indonesia and Thailand
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Sustained economic growth and infrastructure development should drive ASEAN automotive market growth forecast to 2024. Thailand is expected to register the highest growth while Indonesia will continue to be the largest market.This study presents a detailed overview and analysis of the trends in the automotive markets in ASEAN with particular focus on the significant trends in the three key markets of Malaysia, Indonesia, and Thailand. It analyzes the key trends which shaped the market in 2017 and also reflects on the trends that are likely to present themselves in 2018. It also analyzes these future trends and the impact they are likely to have on the key vehicle segments across the three markets.
The base year for the study is 2017, with the forecast period being 2018 to 2024.
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