Thailand Auto Dealers: 1,000+ Closures Forecast by 2025 | Nikkei Asia
More than 1,000 automobile dealerships in Thailand have ceased operations over the past three years, a consequence of mounting household debt and a subsequent decline in auto loan demand, according to Krungthai Bank. The downturn is significantly impacting Thailand’s used-car market, where potential buyers are increasingly unable to secure financing or manage loan repayments. This … Read more