Thai March domestic car sales rise 8.5% y-o-y: industries federation
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[BANGKOK] Thai domestic car sales rose 8.5 per cent in March from a year earlier to 103,164 units after increasing 9.1 per cent in February, the Federation of Thai Industries said on Tuesday.
Sales were helped by the launch of new car models and higher state and private investment.
Domestic car sales in 2019 are forecast to be 1.05 million units, up 2.44 per cent, after last year's 19.5 percent increase to 1.04 million units - the highest level in five years.
Thailand is a regional vehicle production and export base for the world's top automobile manufacturers.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
