growth. However, China operations decreased slightly by 4.8% due to the rapid spread of Covid-19 after the relaxation of China’s zero Covid policy during December which resulted in a decrease in automobile
. For the 9 months period from January to September, total vehicle production volume growth was driven by strong domestic car sales, which grew 20.3% year on year. Export volume grew by 1.0% compared to
: Thailand Automotive Industry Total vehicle production volume in Jan-Mar 2017 was 485,555 units, which was 4.2% lower than a production volume of 506,874 units during Jan-Mar 2016. This year-on-year decrease
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
% 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
and orders increase due to higher demand for cars. Thailand and China operations were strong, grew 29.2% and 48.1% year-on-year respectively and outperformed the industry. 2) Car Dealerships and
impacted the European car production volume. European car production reduced from 21.2 million cars in 2019 to 15.7 million cars in 2021. Dealership business in both Thailand and Malaysia slightly improved
and KBank ATMs have increased to 13% of total personal loan sales. - Motorcycle and Used Car Hire Purchase In the first quarter of 2019, motorcycle and used car hire purchase in Thailand and electrical