Thai Jan domestic car sales tumble 21.3% year-on-year after virus outbreak

[webfact]

Thai Jan domestic car sales tumble 21.3% year-on-year after virus outbreak

 

FILE PHOTO: Cars are seen stuck in traffic in Bangkok, Thailand, September 12, 2018. REUTERS/Athit Perawongmetha

 

BANGKOK (Reuters) - Domestic car sales in Thailand slumped 21.3% in January to 55,208 vehicles from a year earlier, snapping two months of gains, hurt by a new wave of coronavirus infections late last year, the Federation of Thai Industries (FTI) said on Thursday.

 

The virus outbreak emerged in the middle of December, when car sales rose for a second month, up 11.3% year-on-year.

 

(Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Editing by Ed Davies)

 

-- © Copyright Reuters 2021-02-18

 

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[PatOngo]

25 minutes ago, webfact said:

Domestic car sales in Thailand slumped 21.3% in January to 55,208 vehicles

A panelbeater, spray painters and repossessors dream! How many of those will require repairs in the near future!

[Justgrazing]

Roadside furniture and tree's have been down the temple making merits then .. 

[RichardColeman]

3 hours ago, webfact said:

 

The virus outbreak emerged in the middle of December, when car sales rose for a second month, up 11.3% year-on-year.

I'm gonna call that 11.3% year on year sales hogwash !

[Cake Monster]

1 hour ago, RichardColeman said:

I'm gonna call that 11.3% year on year sales hogwash !

That is going to be you and me both on that one.

Vehicle sales were down about 10% Y on Y  for 2020 

[Isaan sailor]

We’re in the market for a replacement vehicle later this year.  But if the Baht stays high, we’ll take a pass.

[spidermike007]

Am I the only one who is consistently skeptical of the "official numbers" that continue to be put out? I would guess it is closer to 30%. Who knows how these figures are being doctored?

 

The reality is that millions are out of work, government assistance is somewhere between non-existent and super stingy, and there is no end in sight for the catastrophic crash of the tourism market, which many say was 20% of the total economy, when all ancillary businesses are taken into account. And the recent crash of the domestic tourism market could have been largely avoided, had Prayuth and Anutin being "on the job", and Samut was locked down, as it should have, and could have been, the day of the outbreak. It was a massive failure. In many other countries, the PM would profusely apologized to the nation, and would have already resigned.

 

The no confidence grilling he is currently enduring is richly deserved. Though it likely will not result in any changes. Hopefully at least Anutin and Pipat will be ousted.