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Thai Oct domestic car sales drop 11.3% y/y - industries federation

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16 hours ago, Toadie said:

There's an interesting YouTube video on new cars that aren't sold globally.

 

Basically manufacturers keep pumping them out, marking down to clear cannibilises newer models so eventually massive amounts are then scrapped.

 

Over production across all manufacturers, globally.

Another ploy the Manufacturers use is to buy the Vehicles themselves.

They are then Leased out, so therefore they have been bought, and dont show as unsold vehicles.

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21 hours ago, RichardColeman said:

Car sales down, exports down, tourists down, house sales down - there's a trend going on here , if only I could put my finger on it

It’s all fake news. The country has never done better than now.
 

Multiple hubs are on the way and soon you will see bullet trains stuffed with Indians on the way to the number one sports- and family resort Pattaya.

 

Happy times ahead!

  • Haha 1

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19 hours ago, Yadon Toploy said:

Thais out here on the EEC are talking about it

They're not supposed to do that!

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I'm selling my 10 yr old Isuzu pick up and buying a nice 5 yr old Mercedes with the money when I go back to the uk in march.cars are way too expensive in this country even the one built here.

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They are desperate to sell cars. A neighbour had her car repossessed because she had not made any payments for months. Just went to another garage and bought another on credit, based on foreign remittance from ex-husband on her bank statement. She will just gamble THAT money all away as usual. Problem solved! (for about 6 months).

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On 11/21/2019 at 1:40 PM, RichardColeman said:

Car sales down, exports down, tourists down, house sales down - there's a trend going on here , if only I could put my finger on it

Well I found it for you,😛 (prices up)

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