View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 28, 2003

THAILAND: Isuzu makes ‘bold’ market forecast – report

The Bangkok Post reports that Isuzu is the first major player in the industry to forecast that the Thai vehicle market this year will exceed 500,000 units.

By bcusack

The Bangkok Post reports that Isuzu is the first major player in the industry to forecast that the Thai vehicle market this year will exceed 500,000 units.

Tri Petch Isuzu President Goro Shintani attributed this optimism to strong pickup sales and the compact sedan rivalry which has carried vehicle sales to new heights since the 1997 financial crunch, according to the newspaper.

The Bangkok Post points out that the year is off to a strong start with sales of 77,491 units during the first two months for a 50.3% growth over the same period last year, according to data compiled by Isuzu and Toyota.

“I expect March to be a strong month too,” Mr Shintani told the Post.

Topics in this article: , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto