Domestic car sale increases while export shrinks during the first quarter

 

 

Domestic car sale for the first quarter of this year increased 15.9 percent to about 210,000 units compared to the figures of the same period last year, thanks to the launch of several new models and bookings at motor shows.

 

Mr Surapong Paisitpattanapong, vice president and spokesman of the automotive industry of the Federation of Thai Industries, disclosed on Wednesday that domestic sale of all types of vehicles for the first quarter was registered at 210,000 units, including 84,800 units sold in March alone, representing an increase of 15.9 percent compared to the same period last year.

 

Sale of pickup trucks in March increased 15.9 percent to about 35,800 units compared to the same month last year when only 30,000 units were sold, thanks to the increased prices of farm produce and tourism expansion.

 

By average, about 70,000 cars were sold each month for the first three months of this year and if this trend continues, Mr Surapong predicted that the 800,000-unit domestic car sale target would be achieved compared to 768,000 units sold throughout last year.

 

Full Story: http://englishnews.thaipbs.or.th/domestic-car-sale-increases-export-shrinks-first-quarter/

 

-- © Copyright Thai PBS 2017-4-26

Result of successful  annual road population control over these months i guess.

Given Thailand's increasing traffic accident rate, not surprised there's an increase in domestic sales.