sales

Thailand auto sales and production to stabilise in 2021 – analyst | Automotive Industry News

By Matthew A. Garcia 2 months ago

After signs of a rebound in December, an analyst forecasts that Thailand’s market will bottom out in 2021, even as volumes for the year are still expected to be down on 2020.

Thailand’s new vehicle market rebounded strongly in December 2020, with sales rising by over 7% to 95,636 units from 89,285 units in the same month of the previous year, according to wholesale data compiled by the Federation of Thai Industries (FTI).

While the rebound came against weak year-earlier sales, the vehicle market had become much more stable in the last few months. Day-to-day domestic economic activity in the country had largely returned to normal after the government eased social and business restrictions towards the end of the second quarter as the threat of COVID-19 receded.

The economy was still under significant pressure from weak private consumption and investment, however, while business and consumer confidence remained weak.

The Federation

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New car sales fall 26.5% on back of latest lockdown

By Matthew A. Garcia 2 months ago

New car sales were down 26.5 per cent over the first 10 days of this year, hit by Covid restrictions and delays due to the administration of new Brexit rules.

In what is traditionally the busiest sales month of the year, 9,765 new cars were registered in the Republic by January 10th, down 3,523 on the same period last year.

The latest Covid-19 lockdown means dealer showrooms are closed, with sales restricted to click-and-deliver operations, although servicing departments remain open. Most of the new cars registered would have been on order by customers from the end of last year.

On top of the Covid restrictions, increased administration due to Brexit has caused some delays in deliveries. In particular, dealers are reporting that parts supplies have been impacted, though many had built up stock levels prior to January 1st.

According to Robert Guy, director aftersales for Volkswagen Group Ireland, their planning

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Honda CB350 crosses 10,000 sales mark since launch

By Matthew A. Garcia 2 months ago


a motorcycle parked on the side of a road: Honda CB350 crosses 10,000 sales mark since launch

© Suvil Susvirkar
Honda CB350 crosses 10,000 sales mark since launch

– Launched on 21 October, 2021

– Available in two variants (DLX and DLX Pro)

– Company aims to expand its reach

The new Honda H’Ness CB350 has received a positive response as the Indian arm of the Japanese two-wheeler manufacturer has sold over 10,000 units of the motorcycle. The motorcycle was launched in the Indian market on 21 October, 2020. The Honda H’Ness CB350 is available in two variants and six colour options (three per variant). The DLX version has been priced at Rs 1.86 lakh while the DLX Pro variant is available at Rs 1.92 lakh.

Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India, said that the company is already carrying backorders across several towns. He further added that the company is making efforts to reduce the waiting as well as expanding

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SUVs lifted auto sales in pandemic-ridden 2020

By Matthew A. Garcia 2 months ago
NEW DELHI: The year 2020 was a roller coaster ride for the Indian auto industry. In the first half of the year, the market witnessed a historic low and a temporary halt in production. The second half of 2020 saw a completely different face of the auto industry altogether.
Under Rs 5 lakh market, which is carried forward by a clutch of Maruti Suzuki hatchbacks, Renault Kwid and Hyundai Grand i10 Nios, saw the robust increment as always. The interesting trend was in the SUV market. As the economy reopened, it was the SUV segment leading the front and delivering good sales figures. New faces along with new popular ones from 2020 were chartbusters.

The big hits of 2020
Hyundai and Kia were frontrunners with the highest-ever SUV sales across segments, clocking 1.80 lakh and 1.35 lakh units in the calendar year. The second-gen Hyundai Creta, which was launched in

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