Car sales report for Jan-Aug 2017

[MatteoBassini]

DIRECT LINK:  http://www.headlightmag.com/sales-report-august-2017/

 

Thought I would share this with y'all as I think many would find this interesting and useful in discussions. Headlight mag shares this info once in awhile and has reports from 2014 to 2017. You can find more on their website, although most of it is Thai, some parts are written in English.

 

Despite the love affair of cars in Thailand, sales are dropping across the board each year, I can't pinpoint on why, maybe someone can attempt to explain?

 

• 2012  total 1,436,335 cars
• 2013  total 1,330,668 cars (reduced by 105,667 cars – 7.3 %)
• 2014  total 881,832 cars (reduced by 448,836 cars – 33.7 %)
• 2015  total 799,594 cars (reduced by 82,238 cars – 9.3 %)
• 2016  total 768,788 cars (reduced by 30,806 cars – 3.9 %)
• 2017 January – August total so far 543,120 cars

 

Highest selling year by year of course is Toyota with 144,000 vehicles sold so far. And despite Mitsubishi's decline world wide, they are selling more cars than Nissan with just 4 models.

 

 

 

Amazingly, Ferrari sells 2x more cars than Peugeot. 20,000,000-40,000,000 baht cars are selling better Peugeots!

 

 

 

 

[shady86]

Car sales peaked around 2011 to 2013 due to government programs to encourage first time car buyers.

[473geo]

It takes a while for people to realise that car/truck buying on low repayment terms is fast becoming long term rental with little to show for the outlay in the end. 

Luckily did not take long to convince my wife, land produces income and holds value, building a rural house is good because you live rent free, a truck you do not use regularly to save or make money is throwing money away.

She has accomplished the first two (in the right order too), the third will not happen, at least unless the time comes where our offspring require a vehicle other than a motorsi.

I think Thai people are catching on land prices appear to be rising.

[taichiplanet]

interesting.

you can look at the stats (monthly and year to date) on the DLT website

http://apps.dlt.go.th/statistics_web/statistics.html

the link on the left under the first '2560' with flashing 'update' gives overall sales (cars, pickups,trucks, bikes etc) with columns marked รย.1(cars) รย.2  (vans?)  รย.3 )pick-ups) basically giving the new car stats

 

under the 2nd flashing 'update' are the new car stats by brand - ( first link on left for overall)

[Jitar]

Longer term trend is still slightly positive but lots of volatility.   Mass market affordability has always been tight in LOS so sales are sensitive to changes in affordability like the crash in 97 or the tax rebate scheme in 2012.