VEHICLES
Flooding stalls motorcycle market in October
- Published: 19/11/2011 at 04:06 AM
- Newspaper section: Business
The prolonged flooding that has eroded consumer purchasing power halted the momentum of Thailand's motorcycle market in October.
New motorcycle registrations in October fell 3% year-on-year to 134,811 units, a record low for the year.
"October was not good for the bike market as growth stalled," said Suchart Arunsaengroj, general manager for sales at AP Honda Co, the largest motorcycle distributor.
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About the author
- Writer: Santan Santivimolnat
- Position: Reporter
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