Vehicle sales in the ASEAN region continued to show weakness in the first quarter of the year according to an exclusive analysis of the market provided to just-auto.
The analysis shows that new vehicle sales in south-east Asia’s six main markets combined declined by 3.8% to 773,720 units in the first quarter of 2015. The overall decline reflected continued weakness in the region’s two largest markets – Indonesia and Thailand.
Indonesia was the region’s worst performing market in the quarter. Car sales in Indonesia declined sharply during the quarter, despite heavy discounting and aggressive marketing campaigns.