ID :
14318
Wed, 07/30/2008 - 11:06
Auther :
Shortlink :
http://m.oananews.org//node/14318
The shortlink copeid
Auto exports grow by 26% in the first half of 2008
BANGKOK, July 30 (TNA) - Car sales in both the export and domestic markets have grown in almost all categories except for pick-up trucks during the first six months of this year.
Surapong Paisithpatanapong, spokesman for the automotive group of the Federation of Thai Industries (FTI) said the domestic market for passenger cars has expanded in response to the 5 per cent cut in excise duty toencourage energy-efficient vehicles.
Sales of passenger cars using the alternative E20 fuel, cheaper by six baht/litre compared to premium gasoline have accounted for over 34 per cent of all vehicles sold during the first half of this year – with over110,000 units sold during the period.
The skyrocketing prices of diesel fuel resulted in a plunge in sales figures for the oil-guzzling one-tonne pickup trucks, with sold only181,888 units during the first half of 2008.
However, this is offset by robust export performances in other categories as Thailand exported over 385,000 passenger cars and pick-up trucks in the first half of 2008 –a 26 per cent increase compared to the same periodlast year.
Motorcycles, sales of which have declined during the last two years, haveshowed signs of sales recovery.
Expensive farm commodities, together with pump-priming at the grassroots, resulted in nearly 880,000 units sold during the first half of this year, a four per cent increase year on year, according to FTI figures. (TNA)
Surapong Paisithpatanapong, spokesman for the automotive group of the Federation of Thai Industries (FTI) said the domestic market for passenger cars has expanded in response to the 5 per cent cut in excise duty toencourage energy-efficient vehicles.
Sales of passenger cars using the alternative E20 fuel, cheaper by six baht/litre compared to premium gasoline have accounted for over 34 per cent of all vehicles sold during the first half of this year – with over110,000 units sold during the period.
The skyrocketing prices of diesel fuel resulted in a plunge in sales figures for the oil-guzzling one-tonne pickup trucks, with sold only181,888 units during the first half of 2008.
However, this is offset by robust export performances in other categories as Thailand exported over 385,000 passenger cars and pick-up trucks in the first half of 2008 –a 26 per cent increase compared to the same periodlast year.
Motorcycles, sales of which have declined during the last two years, haveshowed signs of sales recovery.
Expensive farm commodities, together with pump-priming at the grassroots, resulted in nearly 880,000 units sold during the first half of this year, a four per cent increase year on year, according to FTI figures. (TNA)
