Credit: Connor Williams/Unsplashed.com

ASEAN Light Vehicle (LV) sales increased by 14% YoY in May 2023 after the market saw a decline in March (-2% YoY) and April (-18% YoY). As such, ASEAN YTD sales turned from a declining of 2% YoY in January – April to the positive territory at 1% YoY in January – May. Briefly, the improvements were largely driven by positive sales growth in Indonesia, Malaysia and Philippines. In contrast, Vietnam LV sales remain weak while the Thai LV market was virtually flat.

Register on Just Auto for FREE

Join other automotive industry professionals in unlocking selected Just Auto content only available to registered users.

Already Registered? Login here

Registering on Just Auto for FREE will allow you to:

  • Access GlobalData’s monthly Global Light Vehicle Sales Update market report
  • View regular updates on other major Light Vehicle markets such as China and US

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now