Indonesia Set to Surpass Thailand as Biggest SE Asia Car Market


By Eveline Danubrata and Amy Sawitta Lefevre SINGAPORE/BANGKOK, April 10 (Reuters) - Indonesia is set to overtake Thailand as Southeast Asia's biggest car market as early as this year, driven by an expanding middle class and growing demand for budget, environmentally friendly vehicles, company executives and analysts said. Auto sales in Indonesia, Southeast Asia's largest economy, grew 17.8 percent in March from a year earlier, led by Toyota Motor Corp, Daihatsu Motor Co Ltd and ...


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