April 2008 management briefing
Despite political turmoil in its biggest market and the threat of a global recession, sales in the ASEAN trading bloc showed strong growth in 2007, and forecasts in this briefing suggest that combined vehicle sales in ASEAN’s top three markets could be expected to reach 1.71m units in 2008. In this month’s briefing we profile five of these countries, namely Thailand, Malaysia, Indonesia, The Philippines and Vietnam. We investigate their market dynamics, main manufacturer activity and vehicle sales.
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