Asean 2025 Outlook Reving Reving Updard – Globaldata

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Asean 2025 Outlook Reving Reving Updard – Globaldata

Asean Light Vehicle (LV) market increased by 1% YOY in May, marks the fourth successive month of growth. By the world, Indonesia It was the only market defeated sales during the month, dropping 14% YOY.

In addition, the latest information indicates that Indonesian functionality in June continued to fall, reducing 23% YOY. This resulted in a total of 8% reduction in H1 2025 compared to the same time in the past year. The negative operation was due to weak purchases and strengthened a car loan approval. In addition, Dons-forward from the provisional taxation occurred between Q1 2021 and Q3 2022 may be prevented by volumes since 2023.

Although the sale of May and June the two digits are decreased, weighed it by selling 2025 for the report, as the June values are less powerful than expected. Consumers may be held on the In expectation of Gaikindo Indonesia International Auto Show (gias) from July 24 to August 3, which will be a new model in the fierce marketing campaigns. However, our situation is unchanged: 2025 sales are expected to continue to lose third year in order due to severe economic situation.

In A Malaysia girlThe registration data has shown that LV sales dropped with 8% YOY in H1 2025, mainly due to the Sluggish result in January (-24% YOY). However, from the market they made progress slowly. Despite the YOY SLOWDOWN, H1 values are still considered a solid effect, provided that the market has driven a new new record of 2012, 712k units 2089k 289K units received in 2025 units received in 2025 units. However, consumers can quickly buy Q4 2025 to avoid hikes prices in 2026. It is worth noting that government has been set to change tax calculations, called open value of market (OMV), which will increase the population prices. At first, OMV was arranged to be used on January 2025 but the wrecked on January 2026. We will look at this development closely. If the government announces OMV’s make-up January 2026, the demand may be deducted in advance to Q4 2025.

A Members ThailandSelling records, primarily with a powerful need for BEVS. The operation can be reported to the competitors’ values monitored by Chinese pencils, making their offerings very interesting in consumers. On the other hand, the pickup truck sales continue with great cleanliness. While working may promote, all-time volumes of January – it is always all in a negative field, with complete 4% of the 4%. This decrease is marked with the modest and modest increase in PV sales, compared to the significance of 15% of LCVs. Given for the unexpected sales of the PV in May, reviewing our yearly guess and now expecting that Thai market will reach 571k units in 2025, indicating 0.9% increase compared to 2024.

In Hood infringgeVolumes in May was approximately compared to the previous year but also in 18% from the weak April, especially due to a reservation event, as well as the need in advance bets. However, it is important to note that the local media reported a slight seller with 1% Yoy, different from our structures. This conflict is because of our numbers including byd Auto, which is not a Chamber of Tumbers Alavers of Philippines, Inc (Campa), when the news report depends on the Campis report. In the YTD phrases, Philippines Lv Market increased by 5% YOY, Destroying 18% YOY 2021, 8% YOY is always strong in 2093k. lvs. However, close-time viewpoint looks at the risk as a central bank cuts the interest rate to 5.25% in June to grow the economy. Additionally, it is possible that the interest rate may be reduced in the second part of this year.

VietnamThe market has kept its strong pressure, with sales that increased by 26% YOK in May. This effect has contributed to increased 43% increase in the first five months. Most notably impressive growth is within the EV and Hybrid parts. This practice may be reported not only to increase consumer awareness of environmental issues but also to the supply of government encouragement. Looking forward, we expect the sale of LV in 2025 to reach 522k units, and senior risks in this predictions for predicting the economic and presentation of new models.

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In conclusion, the sale of the Asean 2025 has been reviewed by 3.2 MN units from this report, the same level in 2024.

This article was first published by Globata’s research stage, Automutive Intelligence Center.

“Yean 2025 Outlook Reving Reving Revised in Globaldata” originally created and published by Auto, the type of global edge.

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