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Malaysia, long in third place, has surpassed Thailand for three consecutive quarters through January-March, becoming Southeast Asia’s second-largest auto market after Indonesia.
According to the Malaysian Automotive Association, auto sales reached 202,245 vehicles in the first quarter of this year, up 5% from the same period last year. This follows an 11% increase in 2023, setting a record of 799,731 vehicles sold.
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| A car model produced by Malaysian carmaker Proton. Photo courtesy of… |