ASEAN Light Vehicle Sales Still Soaring in March

ASEAN LV Sales March 2022 – Courtesy LMC Automotive consultancy

Ken Zino of AutoInformed.com on ASEAN Light Vehicle Sales Still Soaring in March

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ASEAN LV sales continued to increase in March (+17% YoY and +32% MoM), improving Q1 2021 sales by 23% YoY, according to the LMC Automotive consultancy. LMC attributed this to falling COVID-19 cases leading to normalizing economic activity and mobility in the region. “As a result, overall ASEAN LV sales are now increased to 3.10 mn units, or a 13% YoY increase, this year,” said LMC.

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