THURSDAY, April 25, 2024
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Cautious spending leads to drop in bookings at Motor Expo

Cautious spending leads to drop in bookings at Motor Expo

The 36th Thailand International Motor Expo 2019 event at Impact Challenger, Muang Thong Thani, which ended yesterday (December 10), saw a combined booking of cars and motorcycles of 44,740, down 16.2 per cent from the show last year.

Kwanchai Paphatphong, the organising chairman, said the drop was due to many factors, including the declining economy and the ongoing trade wars, which made people more cautious about spending.
Thirty four car exhibitors saw combined bookings declining by 15.2 per cent to 37,489. However, passenger car bookings rose slightly to 45.5 per cent from 38.9 per cent last year.
Toyota gained the highest overall car booking of 6,243 units, followed by Honda at 5,766, Mazda at 3,998, Isuzu at 3,716, and Mitsubishi at 2,959.
In the luxury segment, Mercedes-Benz topped the bookings with 1,862, followed by BMW with 969, Volvo with 474, Audi with 278, and Porsche with 257.
The motorcycle segment also saw a small drop to 7,251 booking

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