Domestic car sales jump 61% y/y in August
published : 22 Sep 2022 at 11:04
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.