Reports indicate that new vehicle sales in Thailand dropped 67.5% in November from the same period a year earlier, the result of supply shortages brought about by the suspension of production due to the recent flood crisis.
While total sales volume for the year was 739,506 units, a figure that is up by 4.6% compared to the year before, new vehicle sales in November totalled only 25,664 units. Toyota remained the market leader, with a 15.8% share of total new vehicles sold during the month, while Mitsubishi Motors came in second with a 13.9% share.
Passenger car sales in Thailand, meanwhile, fell 62.1% on year to 12,746 units, with Honda taking a 22.2% share for the lead, and Nissan a close second with a market share of 21.1%. Elsewhere, the reports add that sales of commercial vehicles, including that of one-tonne pick-up trucks, slumped 71.5% to 12,918 units. Leader Mitsubishi had 24.9% of the market, while Isuzu was second with 20.1%.




























































The not-so-pleasant news continues. Saab Automobile, which 









It’s curtains for Saab Automobile after 64 years in the business, as the last-ditch rescue plan by Chinese investor Zhejiang Youngman Lotus Automobile fell through, the attempt blocked by former owner and key licence holder General Motors. The Swedish automaker, which hasn’t made any vehicles since April, filed for voluntary bankruptcy yesterday, and a court approved the bankruptcy request, reports say.