Thailand domestic car sales dropped 24.8 percent year-on-year

Domestic car sales in Thailand dropped for a 14th straight month in July, dropping 24.8% from a year ago to 59,335 vehicles as the coronavirus crisis crushed demand, the Federation of Thai Industries (FTI) said on Thursday.

But sales increased 2.28% from June, helped by easing coronavirus restrictions and Bangkok’s international motor show, it said.

In June, car sales dropped 32.6% from a year earlier.

Thailand is a regional vehicle production and export base for the world’s top automobile manufacturers such as General Motors, Honda and others.