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Thailand: Vehicle sales fall 7.5% in 2007

Total new vehicle sales (including both passenger and commercial vehicles) dropped 7.5% year-on-year to 631,250 units in 2007, compared with 682,161 units during 2006, according to Toyota Motor Thailand, which compiles the country’s vehicle sales statistics.In addition to high fuel prices and low consumer confidence, the E20 tax discount, effective 1 January … ...

Total new vehicle sales (including both passenger and commercial vehicles) dropped 7.5% year-on-year to 631,250 units in 2007, compared with 682,161 units during 2006, according to Toyota Motor Thailand, which compiles the country’s vehicle sales statistics.

In addition to high fuel prices and low consumer confidence, the E20 tax discount, effective 1 January …

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