Chart, car market : historic drop in january… back to may 2002 level

32 085 passengers and commercial cars were sold in january. A drop of 29,4 % compared to january 2007.

And it’s a drop of 45 % compared to the previous month (total of 59 006 units sold)…

We have to go back to may 2002 to find a lower total (30 092 units).

carjan2009

(Source BOT, table EC_EI_015 and EC_EI_016)

2 Responses to “Chart, car market : historic drop in january… back to may 2002 level”


  1. 1 A.F. 28 February 2009 at 2:44 am

    Certainly the year-over-year drop is worrisome, but the decline in terms of units sold from December into January is very much in line with prior years. The major impact is on commercial purchases which is influenced by many factors like corporate revenue and annual taxes and other elements of financial strategy.

    It would be an interesting indicator of economic health to also see a chart of commercial heavy trucks.
    -A.F.

  2. 2 ThaiCrisis 28 February 2009 at 6:40 am

    Wait a minute… sure we have seasonal effects : december is the end of fiscal year for many companies, some of them buy new cars to use budget etc. December is always “strong” (relatively). And then january, there is a decline.

    But, we have to look to the absolute figures.

    As I wrote : back to may 2002.

    This is not normal.


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Thailand Crisis

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