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Friday, May 3, 2024

Bangkok Post – Auto sector faces bumpy sales

A pickup carries a full load on a road in Nonthaburi. Pure pickup sales are expected to remain sluggish this year as debt is elevated. Pattarapong Chatpattarasill

The automotive industry is expected to have unequal sales growth this year, driven by motorists’ changing lifestyles and choices by lenders.

Electric vehicle (EV) manufacturers will be among the leading vendors, while commercial banks continue to play a decisive role in determining domestic sales, especially in the pure pickup category.

EVs, pickup passenger vehicles (PPVs) and sport utility vehicles (SUVs) are picked as the trends for buyers this year,…

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