The newest Automotive World dataset exhibits that the primary 5 ASEAN markets (Indonesia, Malaysia, Philippines, Thailand, and Vietnam) generated simply over 3.23 million items in 2024, down barely from 3.36 million in 2023. Against this, manufacturing knowledge (which excludes Vietnam at current) exhibits that simply over 3.5 million automobiles had been made in 2023, falling slightly below 3 million in 2024. When its new factories are operating at full manufacturing charges, Vietnam would add as much as 300,000 items per 12 months to the area’s manufacturing complete. Broadly talking, manufacturing and gross sales look like in steadiness, at the least in concept (there’s numerous pick-ups exported from Thailand past the area).
Subscribe to Automotive World to proceed studying
Enroll now and achieve limitless entry to our information, evaluation, knowledge, and analysis
Subscribe
Already a member?
