Attractively priced eco-cars are affecting market for used-car loans

The growth of used-car loans this year is expected to be flat or slow because of the arrival of eco-cars, whose prices and interest rates are more attractive, according to Thanachart Bank, the market leader in vehicle loans.

Comments

Post a Comment

Popular posts from this blog

Golden year for auto industry

Image
THE NATION reports: This year can certainly be considered the golden year for Thailand's automobile industry. Just grab a look at these figures: apart from achieving a new sales record of an expected 1.4 million vehicles, 2012 also marks the first year that the industry has broken the 2-million-vehicle production mark. Auto exports from Thailand this year is estimated at Bt1 trillion, making the auto industry the biggest earning industry, with 1-tonne pickup trucks and eco-cars as the mainstream products, as well as auto parts and components. Watching this growth trend, many are already eyeing the 3-million-vehicle production mark for the auto industry. The Industry Ministry along with the Federation of Thai Industries (FTI), the Auto Industry and the Auto Parts Industry Club of the FTI, Thai Automotive Industry Association (TAIA), Thai Auto Parts Manufacturers Association (TAPMA), Board of Investment (BoI) and the Thai Automotive Institution (TAI) recently celebrated the 2-million...
Read more

Myanmar Presentation by UMFCC

Image
All you want to know about Myanmar – a very nice presentation by the Union of Myanmar Federation of Chambers of Commerce…. Click here to download  (8 MB PDF - 69 Pages about economy and investment / business opportunity).
Read more

Thailand: Auto sales increase 17.8% in April

Good news for the weekend! New vehicle sales in Thailand rose to a record 67,283 units in April 2011, up 17.8% compared with the levels reported in the corresponding month a year earlier. With this increase, vehicle sales in the first four months of this year increased 36.6% year-on-year to a record 305,902 units. Bangkok Post, citing figures compiled by Toyota Motor Thailand, said the passenger car segment accounted for 30,953 units out of total sales last month, an improvement of 17.8% from a year ago. Sales were driven by the continued demand for small and fuel-efficient cars.
Read more