A management shake-up is rocking the automobile industry after sales slid 30 per cent for the first five months of this year.
In particular, pickup trucks – the best-selling vehicle in Thailand – were down dramatically by 40.9 per cent year-on-year from January to May. (Nation)
The news about the management shake-up is irrelevant… However the figures are interesting… Because it gives us a first hint about car sales in… may.
And if Nation doesn’t make any mistake… well… may, the month of the Green Shoots, was very bad… Absolutely no improvement whatsoever.
On the first 4 months of 2009, the total car market crashed by 31,48 % (source Bank Of Thailand, table EC_EI_015 and EC_EI_016), compared to january to april 2008. And according to the figures given by Nation, from january to may, the drop was 30 %.
As for the pickup trucks… it’s even worse. The sales in may could have dropped… below 20 000 units… Like january (18 500).
Why may is important ?
First, because the PR campaign about the Green Shoots started to intensify.
Second, because political normality returned in Thailand (only at the surface of course). April was special with the “revolucion” (the thai army in Bangkok’s streets against the Red Shirts).
But as you can see… well… there is no improvement. The crisis continues. Unabated. Less cars sold, consumption going down. Perfectly normal.
This is why the suckers and all the Lalalanders can eat their Green Shoots in salad or in ragout… they won’t succeed to change the reality.
The alchemy to transmute lead into gold just doesn’t work.
Abhisit’s smile is not enough. Korn’s stupid statements are not enough. Tarisa’s dreams are not enough.