Car shipments tumble to 24-month low | Bangkok Post: business - News Summed Up

Car shipments tumble to 24-month low | Bangkok Post: business


Thailand's car shipments in April stood at 67,114 units, down by 7.52% year-on-year, marking the lowest volume in 24 months. "New megaproject investment measures to support low-income earners and tourism spending are key to driving the economy and the car market," he said. With sales and export sentiment, overall car production in April totalled 150,242 units, up by 11.5% thanks to the output for pickups and passenger cars. Thai-made car production stood at 711,729 units during January to April, up by 5.52% from the same period last year. The value of motorcycle shipments for the period totalled 24.5 billion baht, up sharply by 20.9%.


Source: Bangkok Post May 24, 2019 00:02 UTC



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