The market for commercial vehicles over 2 tons gvw in East Asia’s seven main markets (excluding China) fell by just 2.6% to 385,943 units in the fourth quarter of 2020 after declining by close to 13% to 396,046 units in the same period of 2019, according to data compiled by www.AsiaMotorBusiness.com from numerous industry sources.
Sales of light-duty vehicles (7.5t gvw & below) declined by 69.7% to register just 2,803 units in Q3 of FY2020-21, down from 9,254 units in Q3 of FY2019-20.