Credit: Connor Williams/Unsplashed.com

ASEAN Light Vehicle (LV) sales closed the first half of this year with positive growth of 1% YoY. However, the LV market turned from an increase of 3% YoY in the first quarter of this year to a decline of 0.4% YoY in the second quarter of this year. The decline was the result of weak sales performances in Vietnam and Thailand.

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