Motorcycle sales not expected to improve

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The story "Motorcycle sales not expected to improve" was covered 2 days ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 2d ago

Motorcycle sales not expected to improve - Bangkok Post

Quick Summary:

Thailand's motorcycle industry outlook this year is expected to remain unchanged from the situation in 2024, in which both manufacturers and buyers struggled to deal with the impact of high levels of household debt, says the Federation of Thai Industries (FTI).

The federation will report the December sales and evaluate the 2024 motorcycle situation later this month.

The debt problem is blamed for causing banks and financing companies to tighten lending criteria in the automotive sector, leading to a drop in domestic sales of motorcycles.