Passenger cars, motorcycles and commercial cars, these are 3 indicators of private consumption and private investment (datas from the BOT here and here).

I think further comment is unnecessary. We are still going down (2006 was also down compare to 2005, excepted for passenger cars).
And if you look at the trend on the last months of 2007, there isn’t any sign of a recovery.


It appears that even the high end cars are not selling well.
BMW sales drop sparks restructure in Thailand
http://nationmultimedia.com/2008/02/01/business/business_30064055.php