Vehicle sale to hit 1.3mn in 2013

WEDNESDAY, JULY 17, 2013
Vehicle sale to hit 1.3mn in 2013

Thailand's vehicle sales are expected to reach 1.3 million units this year, up by 9.5 per cent from last year despite the end of the first-car buyer scheme, according to Toyota Motor Thailand.

 
In the first half, 740,795 units were sold, representing a 22.1 per cent increase from the same period last year.
Kyoichi Tanada, president of TMT, said at the press conference on Wednesday “Total domestic car sales for the first half in 2013 has set a new first half highest record in Thailand automotive industry with a total of 740,795 units or 22.1 per cent: commercial vehicle increased by 11.4 per cent and passenger car increased by 36.7 per cent".
The increase of domestic sales during January to April was stimulated by a pile of back order from government’s first car rebate program, also combined with fierce sales promotion among automakers.