Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Thailand’s domestic car sales in November rose by 2.7pc to 79,177 units from a year ago, registering growth for the first time in 18 months, according to media reports citing Federation of Thai Industries (FTI) data.


The increase in November sales was driven by government stimulus, launches of new models, and marketing campaigns by car companies. 


The year-end sales and lucrative deals have also helped in boosting sales in the country. 


The economic impact and logistical problems due to the COVID-19-induced restrictions and lockdown have hampered the auto sector across the globe, including Thailand which is an auto production and export base for many companies. 


The auto industry is slowly recovering, however, experts believe it may still take time to reach the pre-pandemic levels. 


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