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THAILAND LIVE Thailand Live Wednesday 25 June 2025
Thailand's Pickup Sales Rev Up with New Trade-In Scheme Picture courtesy of Rest of World Thailand’s struggling pickup market is set for a revival thanks to a government scheme offering tax incentives on new vehicles when owners trade in their old models. Full Story: https://aseannow.com/topic/1364782-thailands-pickup-sales-rev-up-with-new-trade-in-scheme/ -
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Ukraine Putin Declares “Ukraine Is Ours” and Revives Nuclear Threats in Blunt Rebuke to Peace Hopes
What about the USA and Europe etc? -
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Report Thailand's Pickup Sales Rev Up with New Trade-In Scheme
Picture courtesy of Rest of World Thailand’s struggling pickup market is set for a revival thanks to a government scheme offering tax incentives on new vehicles when owners trade in their old models. Sales of pickup trucks in Thailand have significantly declined, with figures showing a 17% drop from January to May this year. Stricter loan conditions, due to rising household debt, have been a major factor in this downturn. In response, the government proposes allowing owners of pickup trucks aged 20 to 25 years to exchange them for new models, with substantial excise tax reductions. Surapong Paisitpatanapong, the Federation of Thai Industries' Vice-chairman, supports the initiative, predicting potential sales boosts by 50,000 to 100,000 units. He also suggests expanding the scheme to include cars, which could further invigorate the automotive sector. With around two million ageing vehicles on the roads, extending the scheme to vehicles five to eight years old could provide a vital lift, according to industry representatives. Finance Minister Pichai Chunhavajira highlighted the scheme's dual benefits: modernising roads and boosting the local car industry. The Thai Credit Guarantee Corporation is expected to support this initiative by securing auto loans. Although exports remain strong, with a 23% rise in car exports in May due to demand in Australia and the Middle East, domestic sales fell nearly 3% in the first five months of the year. However, a rise in car manufacturing, notably in electric and hybrid vehicles, offers a positive outlook. Surapong urges for decisive action to restore consumer confidence, stating, “This trade-in scheme could be the spark that gets the engine running again.” The success of the scheme could well be the jolt needed to steer the Thai automotive market back on track. Adapted by ASEAN Now from The Thaiger 2025-06-25 -
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Worst Joke Ever 2025
Did she look at the printing on the inside at the bottom? "To allow a female of the species to wear this shirt is a sin" 555 To the two thumbs down people. You have to be invited. Obviously no one would invite you. -
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Early assessment suggests US strikes didn’t destroy Iran’s nuclear sites
BTW with all this orange man bad delusion going on how's the ceasefire going? The cease fire that those with Trump living 24/7 in their heads said wasn't real. -
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Wine Coolers and Free-Range Russians — Just Another Day at Jomtien Beach
Aww come on Lewie... the least you could have done was hand her a Pyjama top and send her to 7-11....
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