Car slump in August causes panic

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PeteC
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Car slump in August causes panic

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https://www.bangkokpost.com/business/mo ... uses-panic

The sluggish automotive industry is causing concern as car manufacturing, domestic sales and exports all fell in August, says the Federation of Thai Industries (FTI).

Difficulty in gaining access to auto loans continues to be an obstacle dampening sales in the country, while shipping problems have caused delays to car exports, said Surapong Paisitpatanapong, vice-chairman of the FTI and spokesman for the federation's Automotive Industry Club.

Total car manufacturing in August stood at 119,680 units, a year-on-year decrease of 29.5% from the corresponding period of 2023.......

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Re: Car slump in August causes panic

Post by migrant »

This and other negative reports about the Thai economy yet the baht grows stronger................
The proper function of man is to live, not to exist. I shall not waste my days in trying to prolong them. I shall use my time.
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