EMERGING MARKETS ANALYSIS: ASEAN sales expected to grow in 2008
Vehicle sales in South-East Asia's six main markets rose by 5.8% to 1.87m units in 2007, with Indonesia and two of the smaller markets - the Philippines and Vietnam - reporting very strong growth, writes Tony Pugliese. Sales in Indonesia bounced back strongly from a sharp decline in 2006 as consumers responded to sharply lower interest rates
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