August car market continues to decline. Watch out for September as it enters the year-end selling season. Which direction will it go?
Oct 11 , 2023อ่านแล้ว 50,556 ครั้ง
August Car Sales Statistics 2023 Total sales 60,234 unitsdecreased by 11.7 % compared to the same period last yearMeanwhile, passenger cars are still in customer demandgrowing continuously with sales of 23,645 unitsgrowing by 4.9 % As for commercial vehicles, sales continued to slow down with sales of 36,589 unitsdecreased by 19.9 % especially 1-ton pickup trucksin this segmentalso slowed downwith sales of 24,622 unitsa sharp decrease of 32.6 % due to unfavorable economic factors that are not yet stableresulting in a continuous delay in purchasing decisions by businessesand the general publicespecially in the transport business sectorwith a key issuebeingthe strictness of financial institutionswho are concerned about non-performing loans, a continuous consequence of the economic conditions during the past period. See more details or compare historical data here
The car market in September 2023 is expected to improve as it enters the year-end selling seasonHoweverthe strictness of credit issuance by financial institutions remains a significant obstacle to the growth of the car market at this time
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August 2023 Car Sales Statistics Report with total sales of 60,234 units, a decrease of 11.7% compared to the same period last year. Meanwhile, passenger cars remain in customer demand, growing continuously with sales of 23,645 units, an increase of 4.9%. Commercial vehicles continue to slow down.