Thailand’s vehicle sales outlook for 2024 is negative due to stricter loan requirements and slow economic growth. The pick-up truck segment will be most affected by tougher lending criteria.
Key View Our short-term outlook for vehicle sales in Thailand has turned negative as stricter loan requirements and sluggish economic growth weigh on vehicle sales in 2024. The pick-up truck segment will be most impacted by more stringent loan criteria, generating headwinds to the overall commercial vehicle segment. Stricter lending criteria are expected to hinder […]
Source : Stricter Loan Requirements To Weigh On Thailand’s Vehicle Sales Over 2024-2025