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May domestic car sales tumble 54.12% y/y: FTI

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Chevrolet Sales Thailand promoted 0% installment payments for Captiva models at the Motor Expo 2019 held from Nov 29 to Dec 10, two months before the shutdown of its factory in February. (Photo supplied)
Chevrolet Sales Thailand promoted 0% installment payments for Captiva models at the Motor Expo 2019 held from Nov 29 to Dec 10, two months before the shutdown of its factory in February. (Photo supplied)

Domestic car sales in Thailand shrank for a 12th straight month in May, down 54.12% from a year earlier to 40,418 vehicles, as the coronavirus outbreak hurt demand, the Federation of Thai Industries (FTI) said on Thursday.

Sales in April plunged 65.02% from a year earlier.

The country is a regional vehicle production and export base for the world’s top automobile manufacturers. 



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