range. 2) Car Dealerships Business; Higher sales in dealership business both in Thailand and Malaysia. In Thailand, sales growth was driven by openings of Mazda and MG showroom in Thailand in October 2021
: Thailand Automotive Industry For a period of Q2 2017, total vehicle production volume was 465,411 units, which was 4.3% lower than last year’s volume of 486,506 units. This year-on-year decrease was mainly
income decreased by 14.4%, with 19.4% decrease in automotive parts businesses and 0.8% decrease in dealership businesses. 1) Automotive Parts Business; Thailand car production decreased by 21.0% in Q3 2024
; Thailand car production decreased by 18.5% in Q1 2024 hence lower volume from major customers. Our revenue outperformed the industry however thanks to our geographic diversification and satisfactory
Management Discussion and Analysis for the year 2023 2 Thailand car production decreased by 12.3% in Q4 2023. The decrease in revenue was due to the following reasons: 1) Automotive Parts Business; Lower
% decrease in automotive parts businesses and 2.0% increase in dealership businesses. The decrease in overall revenue was due to the following reasons: 1) Automotive Parts Business; Thailand car production
QR Auto Car Ltd. QR Auto Car Ltd. aided and abetted Mr. Sompong Witthayaraksan, former chairman of S.E.C. Auto Sales and Services Plc. (SECC) responsible for the operation of the company and
% Change Production 504,458 516,879 -2.40% 1,065,945 1,056,569 0.89% Domestic 260,221 252,025 3.25% 523,770 489,118 7.08% Export 260,020 266,730 -2.52% 559,861 561,960 -0.37% Total vehicle production volume
reduction due to microchip shortage which has negatively impacted total car production in Europe. The dealership business experienced lower sales both in Thailand and Malaysia compared to Q3 2020 mainly due
higher value product range are the main driver for higher revenue. We report growth in all our key markets; Thailand, Portugal and China grew 3.6%, 7.1% and 12.7% year-on-year respectively. 2) Car