ANALYSIS: ASEAN sales up 26% in H1 to 1.1m units; H2 outlook weaker
Vehicle sales in the ASEAN region's top five markets rose by 25.6% to 1.08 million units in the first half of 2008, contrasting sharply with weakening demand in most major markets in the West. Sales were higher in four of these markets, buoyed by strong economic growth, relatively low interest rates and high export prices. Only Singapore reported weaker sales as economic growth experienced a sharp, export- growth slowdown.
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