Domestic car sales jump 61% y/y in August

Domestic car sales jump 61% y/y in August

Domestic car sales surged 61.72% in August from a year earlier to 68,208 units, helped by an easing of Covid-19 curbs and a low baseline last year, the Federation of Thai Industries (FTI) said on Thursday.

That compared with July's 22.1% year-on-year rise. In the January to August period, car sales rose 19.61% from a year earlier.

Car sales should meet a target of 850,000 vehicles in the whole of 2022, the FTI said. In August, car exports increased 23.09% from a year ago after July's 17.7% year-on-year rise.

Thailand is a regional vehicle production and export base for the world's top carmakers, including Toyota and Honda. The industry accounts for about 10% of Southeast Asia's second-largest economy and its manufacturing jobs.  

Do you like the content of this article?
COMMENT (15)

Their Majesties King, Queen visit victims of preschool massacre

NONG BUA LAM PHU: Their Majesties the King and Queen on Friday night arrived at this northern province to extend moral support to the injured and grief-stricken families of people, including children, murdered by a sacked policeman who rampaged through a nursery armed with a gun and knife the day before.

7 Oct 2022

Thai spikers struggle against Serbia

Thailand’s second-round struggles continued on Friday with a straight-sets loss to powerhouse Serbia at the FIVB Women’s World Championship in Lodz, Poland.

7 Oct 2022

Grief and questions

As funerals for Uthai Sawan massacre victims begin, PM visits families and pledges help, while police look for clues that could explain what triggered killer's rage.

7 Oct 2022