For the month of June 2015, Thai car and truck exports have shrunk by 26.14% year-on-year to just 76,774 units, said Surapong Paisitpatanapong, Chairman of the Federation of Thai Industries’ (FTI). Production of cars and trucks for exports have fallen by a total of 16.85%.
According to a Bernama report, the chairman also noted that total automotive exports, which includes engines, automotive parts and spare parts have significantly decreased by 20.97% to 56.872 billion baht (RM6.2 billion). Although figures recorded last month were weaker, exports for the January to June period showed an increase of 2.86% to 576,073 units, as compared to the first six months of last year.
Domestic car sales is also weak, down by 18.4% with just 60,217 units sold compared to the year before. For the first six months of 2015, total sales is 16.3% lower compared to the first half of 2014.
The chairman said that slowing private investments, weak prices of agricultural products, high household debt (which has resulted in stricter loan conditions from banks) and slower government spending have all brought about lower purchasing power. This, in turn, contributed to weak domestic sales.
Despite that, production of automobiles for the domestic market has risen by 17.09% to 64,725 units, with total domestic production standing at 151,698 units for the month of June.
Looking to sell your car? Sell it with Carro.
Jualan kereta turun, kenapa tak puji kerajaan, oh waaaaiii
Yayayay..the answer is caused by Proton protection by Thailand government..
How dare proton !!!!!
all about 1MDB n low yat issue.
Is bcos of ppl dun want lousy Toyota
Yeah..i got to say they deserve it…bought their altis..damm many problems..from dashboard..pillar a and b..side door trim..even ow the seat track.
Dr M will be upset – afterall he is the Bapa Industry Automotif Thailand
nahh.. he said it is still ok coz it still brings in RM6 billion ringgit into thailand.
Proton’s market share in Malaysia has fallen to 16%. Proton’s market share in Thailand is too small to report.
What a National Pride.
Oh well hater gonna hate
Others turn bad, p1 is also bad, go get life
Go back to work. Taxpayers dont pay p1 workers to troll paultan articles everyday.
Go and play with your 1/32 model cars kid. You still dun.understand how the real life is
Don’t make fun of others’ misfortunes. Normal people are losing their jobs for reasons beyond their control. For all we know, we could be next.
Tell that to those who keep harping on P1 & P2 to close. If it was the other around, You can bet the comments count dissing Proton to reach 9000.