New car bookings plummet at Motor Expo; Politics credited

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BANGKOK, Dec 12 – The Motor Expo 2013 in Bangkok ended yesterday with a 20 per cent drop in new auto purchase bookings due to Thailand’s political turmoil, according to its organiser.

Kwanchai Papaspong said the booking target of 50,000 units during the November 29-December 10 event was down to about 40,000 units with big bikes getting the highest share at 2,100 units, higher than last year’s 1,800 units.

The 11-day event drew 1.3 million people, lower than the targeted 1.6 million people.

Toyota continues to be the market leader with bookings at 7,400 units, followed by Honda at 3,300 units, Isuzu at 3,283 units, Nissan at 3,100 units, Mitsubishi at 2,900 units and other brands at 32,000 units.

Mr Kwanchai said the economic slowdown and political conflicts have severely affected this year’s car bookings.