June 18, 2018 / 3:14 AM / 3 months ago

Thai May car sales jump 27.9 pct y/y - federation

June 18 -

* Thai domestic car sales in May jumped 27.9 percent from a year earlier to 84,965 units, after April’s 25.2 percent rise, the Federation of Thai Industries said on Monday.

* Sales were lifted by launch of new models, higher private and public investment, and stronger exports and imports.

* Thailand is a regional vehicle production and export base for the world’s top automobile manufacturers. (Reporting by Kitiphong Thaichareon Writing by Orathai Sriring Editing by Sunil Nair)

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