Buriram Expats
Buriram Province - General Category => Isaan Motor Forum => Topic started by: Admin on August 17, 2009, 10:46:42 AM
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Pickup for pickup sales in Thailand
Bangkok Post: 17 Aug 2009
www.BangkokPost.com
Pickup for pickups
Local pickup truck sales in July recovered for the first time in 14 months, according to Toyota Motor Thailand, the compiler of the industry figures.
Pickup sales rose 4.5% year-on-year, the first improvement since June of last year when diesel was 44 baht a litre, against 29 baht now.
However, passenger car sales, which had been propping up the industry fell 9.1% year-on-year in July, the third consecutive month of decline, as consumers wait for new models. Car sales last year rose because of the good response to cheap E20-compatible cars.
Toyota said the recovery trend of overall vehicle sales started in April as the decline eased to 27.4% year-on-year, followed by a 26.2% drop in May and 13.4% in June.
In July, overall sales dropped only 3.6% year-on-year to 43,156 units, but the seven-month figure was still down 25% to 274,584 units.
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Pickup for pickup sales in Thailand
Bangkok Post: 17 Aug 2009
www.BangkokPost.com
Pickup for pickups
Local pickup truck sales in July recovered for the first time in 14 months, according to Toyota Motor Thailand, the compiler of the industry figures.
Pickup sales rose 4.5% year-on-year, the first improvement since June of last year when diesel was 44 baht a litre, against 29 baht now.
However, passenger car sales, which had been propping up the industry fell 9.1% year-on-year in July, the third consecutive month of decline, as consumers wait for new models. Car sales last year rose because of the good response to cheap E20-compatible cars.
Toyota said the recovery trend of overall vehicle sales started in April as the decline eased to 27.4% year-on-year, followed by a 26.2% drop in May and 13.4% in June.
In July, overall sales dropped only 3.6% year-on-year to 43,156 units, but the seven-month figure was still down 25% to 274,584 units.
It will just increase the already very large selections of 'repossessions' passing thro the Auctions.
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Yes, It's amazing how some thais running after new car models while paying a very small "Down payment" leaving them with a very high Installment to follow up and pay.
Most of the installment amount are huge in Thai average income standards and most varied betwen 7,000-12,000 Baht a month ! for 4-6 years !! confused4