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Thai domestic car sales drop 11.6per cent y/y in July

Thai domestic car sales drop 11.6per cent y/y in July

FILE PHOTO: A general view during the media day of the 41st Bangkok International Motor Show after the Thai government eased measures to prevent the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand July 14, 2020. REUTERS/Jorge Silva

BANGKOK : Domestic car sales in Thailand declined 11.62per cent in July from a year earlier to 52,442 vehicles, the lowest level in seven months, the Federation of Thai Industries (FTI) said on Wednesday.

Sales were hurt by COVID-19 lockdown measures, tighter auto loans and delayed production of some car models, the FTI said.

In June, sales rose 15.07per cent year-on-year.

(Reporting by Kitiphong Thaichareon; Editing by Ed Davies)

Source: Reuters

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