New Delhi, Aug. 07, 2024 (GLOBE NEWSWIRE) — The Automotive Financing Market in Southeast Asia is expected to grow from US$ 9.92 billion in 2023 to US$ 17.32 billion by 2032, at a CAGR of 6.39% during the forecast period 2024-2032.
The demand for automotive financing in Southeast Asia has surged significantly, driven by several key factors. One of the primary drivers is the region’s burgeoning middle class, which has led to increased consumer spending power and a higher demand for personal vehicles. For instance, the middle-class population in Southeast Asia is projected to reach…