The market for commercial vehicles over 2 tons gvw in East Asia’s seven main markets (excluding China) grew at a sharply slower rate in the first quarter of 2019, with sales rising by just 2.7% to 431,041 units from 419,562 units in the same period of last year, according to data compiled by www.AsiaMotorBusiness.com from numerous industry sources.

The Indonesian market for commercial vehicles over 2 tons gvw continued to rebound in the fourth quarter of 2018, with sales rising by over 20% to 49,018 units from 40,669 units a year earlier, based on AsiaMotorBusiness analysis of industry data.

Vietnam’s commercial vehicle market over 2 tons gvw stabilised in the fourth quarter of 2018, with sales rising by just under 4% to 26,324 units from 25,334 units a year earlier, according to AsiaMotorBusiness analysis of data from the Vietnam Automotive Manufacturers Association.

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The Malaysian commercial vehicle market over 2 tons gvw declined by 10.6% to 16,687 units in the fourth quarter of 2018 from 18,656 units a year earlier, according to www.AsiaMotorBusiness.com analysis of industry wholesale data.

The Philippine market for commercial vehicles over 2 tons gvw fell by 11% to 31,237 units in the fourth quarter of 2018 from strong year-earlier sales of 35,113 units, according to www.AsiaMotorBusiness.com analysis of data sourced from the industry.

The commercial vehicle (over 2 tons gvw) market in Japan in the fourth quarter (Q4) of 2018 expanded by 8.6% to 108,871 units from weak sales in the same period a year-earlier of 100,220 units, based on data released by the Japan Automobile Manufacturers Association.

The market for commercial vehicles over 2 tons gvw in East Asia’s seven main markets (excluding China) strengthened significantly in the fourth quarter of 2018, with combined sales growing by 12% to 462,934 units from 419,290 in the same period of 2017, according to data compiled by www.AsiaMotorBusiness.com from numerous industry sources.