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27 Aug 2021  |  Asia Pacific
Competitive Intensity is Concentrated in Low-cost Green Cars and Electric Vehicles; Political Stability will Affect the Automotive
In 2020, due to the COVID-19 pandemic, the Association of South East Asian Nations (ASEAN) automotive market experienced a significant sales decline of 28.5%, from a total sales of 3.5 million units in 2019 to 2.5 million units in 2020. Passenger Vehicles (PVs) constituted 63.9% of the market and Commercial Vehicles (CV) accounted for 36.1%. Of the...
17 Aug 2021  |  Asia Pacific
Thailand Accounted for the Highest Automotive Sales in ASEAN in 2020. Chinese OEMs are Focused on Geographic Expansion and Competitive Intensity in the Country
Thailands TIV dropped by 21.4% in 2020 when compared to 2019. Sales is projected to increase by 8.7% (YoY growth rate) in 2021 to 861,000 units. The commercial vehicle (CV) segment continues to dominate with a 56.6% share, and it is projected to reach 57.3% in 2021, driven by government stimulus measures in response to the pandemic. Diesel powertra...
16 Jul 2020  |  Asia Pacific
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...
11 May 2020  |  Asia Pacific
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...
27 Apr 2020  |  Asia Pacific
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...
26 Mar 2020  |  Asia Pacific
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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27 Mar 2019  |  Asia Pacific
Driven by Growing Domestic Consumption and Private Investments, TIV in Big 3 ASEAN Markets Expected to Cross 2.9 Million Units in 2019
This research service discusses in detail the Automotive Outlook in ASEAN during 2018 and presents the expected trends for 2019. The study provides an analysis of the automotive outlook in the region with a focus on the three key markets in ASEAN—Thailand, Malaysia, and Indonesia. It also touches upon the trends in other ASEAN countries with smal...
11 Jun 2018  |  Asia Pacific
Vehicle Sales to Cross 3.5 Million Units in 2018 as Japanese Carmakers Continue to Lead the Market in Indonesia and Thailand
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 focu...
22 Mar 2017  |  Asia Pacific
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...