Industry Data

Malaysia overtakes Thailand as the second largest ASEAN market in 2023

Thailand's market was hit in 2023 by weak sales of pickups

January 24, 2024

The Indonesian, Thai and Vietnamese light vehicle (LV) markets fell in the first eleven months of 2023 by 2% Year-on-Year (YoY), 8% YoY and 22% YoY, respectively. In contrast, demand in Malaysia and the Philippines rose by 13% YoY and 21% YoY, respectively.

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

More Relevant

Industry Data

Western European car market begins to rise in February

Analyst Comment

Chinese light vehicle sales in Thailand increased dramatically in 2023, but questions remain in the long-term

News

UK car market up 14% in February

Industry Data

US light vehicle market keeps on growing in February

Sign up to the newsletter: In Brief

Your corporate email address *

First name *

Last name *

Company name *

Job title *

I would also like to subscribe to:

Just Auto : Focus (monthly)

Thematic Take (monthly)

Vist our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.