ASEAN Light Vehicle (LV) sales decreased by 11% year-on-year (YoY) in Q1 2024, primarily driven by lower sales volumes in Indonesia, Thailand and Vietnam, while Malaysia and the Philippines saw positive sales growth.
ASEAN LV market continues to decline in Q1 2024
ASEAN light vehicle sales decreased by 11% year-on-year in Q1 2024, according to figures released by GlobalData
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