Vehicle sale to fall in 2014
Total vehicle sales in Thailand is expected to dip 11.7 per cent year-on-year to 1.175 million units in 2014 due to the current political turmoil and post-election uncertainties, said Frost & Sullivan.
Weak economic growth and slowing demand will also shrink the automotive market in 2014.
According to data compiled by Toyota Motor Thailand, last year’s vehicle sales reached 1.33 million units.
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