Connect with us

Business

Auto orders at Motor Expo hits 80,000 units

The number of advance auto orders at Motor Expo 2012 hit a record high at 80,000 units, with Honda ranking first with over 16,000 units ordered during the 10-day event. Motor Expo organiser Kwanchai Prapaspong said the number of visitors reached 1.61 million, surpassing the expected figure at 1.6 million

Published

on

The number of advance auto orders at Motor Expo 2012 hit a record high at 80,000 units, with Honda ranking first with over 16,000 units ordered during the 10-day event. Motor Expo organiser Kwanchai Prapaspong said the number of visitors reached 1.61 million, surpassing the expected figure at 1.6 million, thanks, he said, to an improved economy resulting higher consumer purchasing power.

Motor Expo 2012 Thailand

Motor Expo organiser Kwanchai Prapaspong said the number of visitors reached 1.61 million, surpassing the expected figure at 1.6 million

He said this year’s volume of auto orders volume was forecast at only 50,000 units but it soared to a record high at 80,000, the highest since the event was first begun 29 years ago, counting for over Bt90 billion in circulation.

The previous record was in 2010 with the orders volume at 33,000 units. Apart from the improved economy, the governments first car scheme is also a major factor for this years increased orders, counting for as much as 40 per cent of all orders.

The higher orders also resulted from a rebound from falling orders, affected by last years devastating flood, which hit auto and auto parts plants in Thailands industrial estates.Mr Kwanchai said eco cars orders volume counted for 20 per cent of sales, followed by pickup trucks at 10 per cent, while the rest was for sedans and luxury cars, which amounted to 1,300 units. Honda City, Suzuki Swift, and Honda Brio are the top-three models respectively, gaining the best popularity of orders volume in regard to eco cars.

via Advance auto orders at Motor Expo 2012 hits record high of 80,000 units | MCOT.net.

Business

Large Shopping Malls in Bangkok Will Be Closed until July 25th

Shopping malls under the Mall Group, including all branches of The Mall, the Emporium, Emquartier and Paragon Department Store, are also closed for 14 days, from today, except for supermarkets, food courts, pharmacy shops, eateries (take-out and delivery only), banks, mobile phone shops and vaccination sites.

Published

on

BANGKOK (NNT) – Large-scale shopping malls in Bangkok and in some dark-red zone provinces are now closed for two weeks, to comply with the latest COVID-19 curbs in 10 provinces.

(more…)
Continue Reading

Business

Downside risks loom for Thai economy due to Prolonged COVID-19 Outbreak

The most important issue for the Thai economy at present would be the procurement and distribution of appropriate vaccines adequately and timely.

Published

on

The Bank of Thailand (BoT) has revealed that Thailand’s economy faces significant downside risks, because a prolonged COVID-19 outbreak could cause the economy to underperform the baseline projection, squeezing business liquidity and slowing employment.

(more…)
Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,160 other subscribers

Wise

Recent