Tag Archives: Thailand Car Sales

Of late, there is little good news coming from the Thai economy. And these are challenging times for occupational optimists....

Local carmakers estimate the overtime stoppage begun two weeks ago in the wake of the Japanese disaster has cost them 10,000 vehicles to date, but normal production is expected to resume after next month's Songkran holiday.

After a glorious year for the automobile industry with record sales in 2010, the industry is hoping for another boost from the Bangkok International Motor Show, with as much as Bt40b expected to change hands during the 12-day event.

Somboon Advance Technology Plc (SAT) will review this year's revenue forecast of 7.3 billion baht to take into account the Japanese disasters and Middle East riots.

The domestic sale of motor vehicles in Thailand surged by 44.2 per cent to 78,039 units in February, with Toyota retaining its predominant market share of 30,592 units, up 44.2 per cent, and Isuzu, ranked second largest with 14,713 units, up 22.2 per cent, an informed source in the automotive industry revealed on Wednesday.