The ASEAN countries will reach a market of 5 million vehicles in 2025

Leading automobile markets in the ASEAN region such as Thailand, Indonesia, the Philippines, Malaysia and Vietnam are expected to rise from 3.5 million vehicles (PCs + LCVs) in 2013 to 5 000 000 units in 2025, representing an increase of 43% in 12 years (3% per year over 12 years).


Car registration reminder for 2013:

Thailand: 1.33 million units (740 000 PC + 590 000 LCV)

Indonesia: 1.22 million units (830 000 PC + 390 000 LCV)

Malaysia: 656 000 units (570 000 PC + 86 000 LCV)

Philippines: 212 000 units (52 000 PC + 160 000 LCV)

Vietnam: 97 000 units (60 000 PC + 37 000 LCV)


Japanese carmakers, that have dominated this area for many years with a market share of 80% could on one hand expect to earn up to 1.5 million additional sales by 2025, but on the other hand they could see their penetration cropped over the next few years with the arrival of competing manufacturers such as Volkswagen, Hyundai, Kia or Chinese brands.



14-13-3  

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