Thailand’s total domestic car sales in December 2020 stood at 104,089 units, up by 11.3pc from the preceding year. Sales rose for the second month, according to the Federation of Thai Industries (FTI). Compared to November, sales grew by 31.46pc.
The Thai economy is on a mend, aided by the economic stimulus measures and the government’s assistance to those affected by the COVID-19 epidemic.
New model launches and promotional campaigns by car dealers during the automobile expo in December helped in boost sales, with over 33,000 units booked.
Motorcycle sales in December stood at 123,844 units, up by 9pc from the previous year and by 3.15pc as compared to the prior month.
Thailand’s domestic car sales in 2020, however, fell by 21.4pc to 792,146 units from 2019, while sales of motorcycles stood at 1.51mn units, down by 11.78pc from the previous year due to the impact of the COVID-19 pandemic on the auto industry across the globe.
Sales outlook
The association states car sales could drop by 5.3pc in 2021 as COVID-19 cases are rising in the country. It expects car sales to reach the target of 750,000 units in 2021, while sales of motorcycles are projected to reach 1.56mn units in the same period.