THAILAND: Vehicle sales jump 233% in October
New vehicle sales in Thailand rose by 233% to 142,839 units in October, compared with 42,834 units in the same month last year – when the market was severely affected by severe floods across large parts of the country.
Cumulative ten-month sales rose by 59.9% to a new record high of 1,141,556 units, putting the market on course to reach 1.4m units this year.
Driving demand higher is pent up demand left over from last year and first-time buyer incentives, which expire at the end of the year.
Vehicle production rose by 48% to 1,975,783 units in the ten-month period, while exports rose by 21%, to 840,149 units – for a total value of THB 402.79 billion.
- Volvo's engine and platform independence progress
- CEO says Citroen wants to be quirky again
- THE WEEK THAT WAS - Connecting cars in Canada
- ANALYSIS: VW's self-defeating defeat devices
- Advanced tech previews from OEMs - PLDB
- Takata manipulated test results back to 2000
- Audi suspends two engineers over US diesel V6
- Volkswagen diesel recall in Europe will take year
- Toyota u-turns on Takata inflators in Japan
- Low-carbon may create 66,000 French jobs - report
- Global light vehicle instrumentation and cockpits market- forecasts to 2030
- Global light vehicle OE shock absorbers market- forecasts to 2030
- Global light vehicle electronic braking market- forecasts to 2030
- Global light vehicle OE mirrors market- forecasts to 2030
- Global light vehicle roof systems market- forecasts to 2030