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Business

Southeast Asian auto market roaring back to life

Sales hit three-year high as Filipinos, Thais lead the charge

SUVs from Toyota Motor are reportedly popular among corporate bigwigs in the Philippines. (Photo by Nozomu Ogawa)

BANGKOK/HANOI -- Southeast Asia's automobile market continues to recover well from a yearslong slump, with the Philippines and Thailand driving solid growth in an increasingly important region for carmakers.

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