Auto market gears up for tough Q4 | Bangkok Post: business

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Auto market gears up for tough Q4

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Competition in the automobile market will likely intensify towards year-end as people rush to beat the Dec 31 deadline of the first-time car buyer scheme. 

Earlier Mitsubishi announced it will step up production of its Mirage eco-cars by 50% to 6,000 a month in the fourth quarter on strongly escalating demand.

Honda, Thailand's second-largest passenger car company, will also step into the fray this quarter after confirming it will introduce a small sedan with an engine size of 1,200cc and which qualifies for the first-time car-buyer scheme.

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