Luxury car market tabbed for double-digit growth in 2021A man looks at a luxury car at Motor Expo at Impact Muangthong Thani on Nov 30, 2021. (Photo: Pattarapong Chatpattarasill)The luxury car market in Thailand is expected to keep expanding with double-digit growth this year, despite the impact of lockdown measures implemented to contain the spread of Covid-19. "Car companies see demand for premium and luxury cars grow every year, while other segments encounter strong competition," he said. Sales volume in the luxury car segment is lower, with around 100 units annually, according to its estimate. The production facility in the UK will focus on electric luxury cars for domestic sales and export.

Source: Bangkok Post December 07, 2021 10:45 UTC