Sales of main 6 countries of Southeast Asia from January to March were 943,505 vehicles, an increase of 28%. By the demand policy of the governments and strong personal consumption, Thailand and other top four countries became a growth locomotive. However, due to Indonesia will strengthen the lending restrictions and other reasons between 4 and 6 month, it was expected that the growth rate may slow down.
By the tax cuts for car consumers for the first time, Thailand sales year-on-year increase of 48%, to 413,256 units, hit a single month record. From the view of manufacturers, in the first row of Toyota's sales of 125,222 units, an increase of only 3%, while just to get rid of the flood-affected Honda grew 26-fold, to 72,202 units.
By the strong domestic demand driven, Indonesia’s car sales increased 18% to 295,909 units. However, due to the lower limit based on Islamic finance lending since April, the down payment ratio, the growth rate may slow down.
In addition, the Philippines sales volume year-on-year increase of 23% to 49,657 units. In order to ease traffic congestion, the government encouraged people to change bus and other public transport, commercial vehicle sales performance of the firm. On the other hand, sales of Vietnam and Singapore showed negative growth trend.
