In May, ASEAN Light Vehicle (LV) sales dropped by 5% YoY, marking the 10th consecutive month of declines. Recent data reveals that this downturn continued in June, with Thailand, Indonesia, and Malaysia experiencing slumps of -26% YoY, -12% YoY, and -4% YoY, respectively, during the month.
In data: June data indicates ASEAN LV decline in H1 2024
According to figures released by GlobalData, June marks the 10th consecutive month of decline in ASEAN market vehicle sales
