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ASEAN new car sales rise for first time in 3 years

Indonesia spearheads market upturn with 67% gain fueled by tax breaks

The Thailand International Motor Expo Bangkok, held last December: The country's new car sales fell for the third year in a row, while Indonesia logged a sharp increase. (Photo by Yohei Muramatsu)

BANGKOK -- Total new car sales rose for the first time in three years in 2021 in the Association of Southeast Asian Nations' six major economies, thanks to a sharp increase in unit sales in Indonesia and the easing of COVID-19 movement restrictions in the second half of the year.

New car sales in Indonesia, Thailand, Malaysia, Vietnam, the Philippines and Singapore totaled 2.79 million vehicles last year, up 14% from 2020, led by a 67% jump in Indonesia.

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