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Automobiles

Southeast Asian auto sales sink 40% for largest drop in a decade

Coronavirus keeps customers away in March, with April looking worse

A Toyota Motor dealership in Bangkok stands quiet as the coronavirus keeps customers away. (Photo by Akira Kodaka) 

BANGKOK -- New-vehicle sales in Southeast Asia plummeted 40% on the year in March, the biggest monthly drop-off in the past decade, data compiled by Nikkei finds.

Automakers sold only 196,802 vehicles in six of the region's leading markets that month as the coronavirus pandemic undercut both demand and consumer outings. 

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