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After terrible year, Thailand’s auto sector is expecting 2015 recovery

By Wei Zhang
1 min read
After terrible year, Thailand’s auto sector is expecting 2015 recovery
In this article (4)

The Thai auto industry may have suffered a terrible year, with domestic sales plummeting by almost 40 percent during the first 10 months, but many believe the worst has passed and that 2015 will be a year of recovery.

Questions & Answers

Q.

What is the anticipated change for Thailand's automotive sector in 2015?

A.

The Thai auto industry is expecting a year of recovery in 2015. Many observers believe that the worst period for the sector has now passed, following a difficult previous year.

Q.

How significantly did domestic car sales in Thailand decline during the specified period?

A.

Domestic sales within the Thai auto industry plummeted by almost 40 percent. This significant downturn occurred during the first ten months of the year, contributing to what was described as a terrible year for the sector.

Q.

What other news items are mentioned alongside the automotive sector update?

A.

Other news items include AirAsia resuming flights between Surabaya and two Malaysian cities, an app exposing vehicles to hackers, and Bimba Y Lola opening in China. There is also a mention of locals helping to reboot Macau's retail and restaurant activity.

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