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  1. 02 Jun 2022  |  Latin America  |  Market Outlook

    LATAM Automotive Growth Outlook, 2022

    Despite the Pandemic-Induced Geopolitical Chaos in the Region, LATAM is Set to Grow at the Rate of 7.6% in 2022

    With 4.4 million units sold, the LATAM passenger vehicle market grew by 11.7% in 2021. The Chilean market had the biggest growth in the region, selling 60.6% more units than in 2020, going from 258.8 million units to 415.6 million units in a year. The Brazilian market, the biggest in the region, still has not reached pre-pandemic numbers. Chinese O...

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  2. 27 Apr 2022  |  Asia Pacific  |  Market Outlook

    ASEAN Automotive Outlook, 2022

    Transformative Mega Trends Accelerate the Production and Sales of Hybrid and Electric Powertrain Solutions in ASEAN

    This research service evaluates the Association of Southeast Asian Nations (ASEAN) automotive market, focusing on key countries, including Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. This study discusses passenger vehicles and pickup trucks (pickups). Pickups are the most common and popular commercial vehicles used daily in diff...

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  3. 18 Apr 2022  |  Asia Pacific  |  Market Outlook

    China Automotive Growth Outlook, 2022

    Higher Market Competitiveness will be Achieved by Strengthening the Transformation of Electrification, Connectivity, and Autonomous Driving

    This study assesses the automotive market in China, with a focus on the passenger vehicle market segment. Within this, electric vehicles, as well as charging and battery swap, will be discussed further. China’s automotive market has grown rapidly, particularly after the 2008 Beijing Olympics. The unit shipment of China’s passenger vehicle ma...

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  4. 31 Mar 2022  |  Latin America  |  Market Outlook

    LATAM Light Vehicle Growth Opportunities, 2021

    Geopolitical Chaos due to the COVID-19 Pandemic Directly Impacted Light Vehicle (LV) Sales

    In 2020, there was a 26.8% drop in total LATAM passenger vehicle sales, equivalent to a reduction of 1.5 million units. The Brazilian market was responsible for the largest drop in units, reaching 710,000 units less than 2019, followed by Mexico’s 368,000 unit drop. The automakers had different strategies for this period, from closing plants to d...

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  5. 16 Jul 2020  |  Asia Pacific  |  Market Outlook

    Disruptive COVID-19 Challenging the ASEAN Automotive Market, 2020

    Competitive Intensity Optimized by Positive Government Intervention to Accelerate the Growth of Sales and Production Investment in the Automotive Market

    In 2019, the Association of South East Asian Nations (ASEAN) sold a total of 3.5 million units of vehicles. It experienced a market decline of 2.9% year-on-year (YoY). The main reasons include the direct impact of global economic slowdown on automotive sales and the decline in sales due to the election in Indonesia, which is the leader in ASEAN, wi...

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  6. 11 May 2020  |  Asia Pacific  |  Market Outlook

    Indonesian Automotive Outlook, 2020

    Total Industry Volume is Expected to Decline by 16.7% in 2020 Due to Global Economic Uncertainties and Disease Outbreak

    From 2018 to 2019, the Association of Southeast Asian Nations (ASEAN) automotive market decreased at a year-on-year (YoY) rate of 2.9%, with total sales reaching 3.5 million units. The main reasons for this decline were the global economic slowdown in automotive sales and the dip in sales faced by Indonesia, a leading contributor to the ASEAN marke...

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  7. 27 Apr 2020  |  Asia Pacific  |  Market Outlook

    Thailand Automotive Outlook, 2020

    Thailand’s Automotive Market to be Weak Due to Global Uncertainties; Outbreak of Covid-19 to Especially Have a Major Impact on the Global Economy, as well as the Thai Economy

    From 2018 to 2019, the automotive market in Association of South East Asian Nations (ASEAN) shrunk by 2.9% year-on-year (YoY), and total sales reached 3.5 million units. The main reasons include the direct impact of the global economic slowdown on automotive sales and decline in sales in Indonesia (by political election), which is the leader of the...

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  8. 26 Mar 2020  |  Asia Pacific  |  Market Outlook

    Malaysia Automotive Market, 2020

    Passenger Vehicle Sales Continue to Increase, Bringing 0.7% Year-on-Year Growth to the Entire Automotive Industry

    From 2018 to 2019, the Association of South East Asian Nations (ASEAN) automotive market decreased by 2.9% year-on-year (YoY), and total sales reached 3.5 million units. The main reasons include the direct impact of the global economic slowdown on automotive sales, and decline in sales faced by Indonesia (by political activities), which is the lead...

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  9. 24 Feb 2020  |  Latin America  |  Market Outlook

    Latin American Passenger Vehicle (PV) Market Outlook, 2020

    The Regional Market is Expected to Grow by 5.5% in 2020, Reaching 6.1 Million Units

    In 2019, the Latin American economies faced several challenges, including generalized social unrest, economic crises in some countries, and political instability, all of which had a certain impact on local light vehicle (LV) markets. From 6.1 million units commercialized in 2018, the market fell by 5.0% to merely 5.8 million units in 2019, far from...

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  10. 22 Mar 2017  |  Asia Pacific  |  Market Outlook

    Outlook of Select ASEAN Automotive Markets, Forecast to 2017

    Sales Will Reach 3.25 Million Units in 2017, with Preference towards Crossover and Entry-level Vehicles

    This study aims to provide a detailed overview and analysis of the trends in the Association of Southeast Asian Nations (ASEAN) automotive market, with a focus on trends in the 3 key markets of Malaysia, Indonesia, and Thailand. Research Scope • This ASEAN automotive outlook includes key market trends in 2017 • The Malaysian, Indonesian, and T...

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