Thai auto sales drop 25% in July 2013


Thailand Automotive Industry Statistics - July 2013

Domestic car sales over the month totalled 98,251 units, down 25.4% on July 2012 and a decline of 7.33% on June.

Sales volume stayed below 100,000 units for the first time in 15 months, because car makers had delivered all vehicles ordered under the first car scheme and due to stricter car loan conditions imposed by financial firms.

Car sales over the first seven months of the year stood at 839,046 units, up 13.06% on the same period last year.

A total of 82,710 vehicles were exported in July, down 13.99% on July 2012 and 14.01% on June, Surapong Paisitpatanapong, spokesman for the Automotive Industry Club, said on Thursday.

The vehicle export value for the month stood at 39.45 billion baht, down 16.21% on July 2012, said Mr Surapong.

Exports over the first seven months of the year (Jan-July) totalled 617,076 units, up 11.54% from the same period last year.

Car exports accounted for 99.07% of the total for-export production output, showing a strong demand in overseas markets. Export value was up 6.05% from the same period last year to stand at 280.27 billion baht.

Vehicle output in July stood at 201,446 units, down 6.45% on July 2012 and a decline of 7.21% on June. Output over the first seven months of the year amounted to 1,542,405 units, an increase of 20.82% on the same period last year.

Mr Surapong projected car output over the next three months (Aug-Oct) at 618,619 units, down 4.89% on the 650,445 units actual output from May to July 2013, and a decline of 11.52% on 699,155 units actual output from August to October 2012.

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

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

Asahi Tec chooses Laos ahead of Thailand

Image
Via Bangkok Post:  VIENTIANE : Higher labour costs and a labour shortage in Thailand have prompted Japanese auto parts maker Asahi Tec Corporation (ATC) to build its new overseas factory in Laos. The 1.6-billion-baht plant in Savannakhet province will manufacture aluminium die casting parts. "The labour shortage and high cost of expansion are the main problems for the expansion plan in Thailand, so Savannakhet is our new investment destination," said ATC director and chairman Shoichiro Irimajiri. ATC's four factories in Thailand, which produce aluminium and iron casting parts, have already reached full capacity. A new company, BMM Asahi Tec, has been formed through an equal joint venture with leading Lao company BMM Group, which is involved in property development and duty-free retailing. The factory will be located in the Savan-Seno Special Economic Zone, which is expected to be a thriving hub of trade and services in the Greater Mekong Subregion. BMM Asahi Tec plans to ...
Read more