Southeast Asia auto sales plunge 29% in 2020 on virus impact

Pandemic-induced slump eases as market shows signs of normalizing

20210208N Thai auto show

Sales plunged 80% last April as authorities clamped down on the initial wave of the pandemic. (Photo by Yohei Muramatsu)

YOHEI MURAMATSU, Nikkei staff writer

BANGKOK -- Sales of new autos in six major Southeast Asian markets declined for a second straight year in 2020, falling 29% as the coronavirus pandemic weighed on the industry.

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