BANGKOK: Thailand has been overtaken by its southern neighbour Malaysia, which is now South-East Asia’s second-largest auto market after Indonesia, Nikkei Asia reported on Wednesday (May 15).
The change in ranking is a major shift in a region that has become a key battleground for Asian automakers, the Japanese-based online news magazine noted.
The report said that Malaysia’s sales figures, which had come in third for a long time, topped Thailand’s for three consecutive quarters through January-March 2024.
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