NESDC to allay jittery car buyers
Trade-in proposal causes confusion
The National Economic and Social Development Council (NESDC) will clarify a car trade-in proposal next week as concerns about motorists halting their plans to buy new cars grow.
The proposal, which is aimed to revive car sales that have tanked during the pandemic, remains unclear on many issues, notably whether the trade-in will only apply to the purchase of electric vehicles (EVs), which are more expensive than widely used internal combustion engines.
Industry Minister Suriya Jungrungreangkit, who is among key supporters of the trade-in, admitted on Monday he is worried unclear conditions of the proposal and lack of details are confusing prospective car buyers.
Some buyers have reportedly cancelled their car bookings and asked for the return of…
