Fuel-price increases are making the total cost of vehicle ownership in Southeast Asia a significant purchase criterion for consumers, and a new report says this will accelerate sales of fuel-efficient compact vehicles. Kavan Mukhtyar, Frost & Sullivan Ltd. partner and head of the automotive and transport practice for Asia/Pacific, sees growth in the Association of Southeast Asian Nations’ (ASEAN) four largest markets – Malaysia, Thailand, Indonesia and the Philippines. Auto makers ...
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