Thai August auto sales jump 27.7% y-o-y: federation

[BANGKOK] Thai domestic car sales in August jumped 27.7 per cent from a year earlier to 86,780 units, after a 25.7 per cent increase in July, the Federation of Thai Industries said on Wednesday.

Sales were lifted by stronger economic growth and higher state and private investment as well as farm prices.

Auto exports in August fell 0.38 per cent from a year earlier, after July's 0.15 per cent increase.

Thailand is a regional vehicle production and export base for the world's top automobile manufacturers.

REUTERS