Thai auto sales fall 14.6% as economy sputters


BANGKOK: Domestic auto sales in Thailand will fall this year, the Federation of Thai Industries said on Wednesday, as the weak economy prompts consumers to cut back on spending.

Thailand is a regional vehicle production and export base for the world’s top carmakers, but the military government that seized power in a May 2014 coup has struggled to get Southeast Asia’s second-largest economy back on track.

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Business , Thailand , automotive

   

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