Short-term outlook for Asia's vehicle markets
The Asian (excluding Japan) vehicle market has now bounced back from the devastation to demand that followed the financial crisis that spread across the region in 1997. New vehicle demand across the region this year is forecast to be some 50% ahead of 1998's nadir. However, prospects in the countries of the region vary widely with some markets currently looking more subdued or even in reverse. Tony Pugliese looks at the prospects for demand in the national markets of the region and presents forecasts for vehicle demand out to 2005.
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