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LMC Automotive blog: PV and LCV market shares in Thailand normalise after temporary COVID-19 distortions

In the first quarter of this year, Passenger Vehicle (PV) sales in Thailand surged by 9% while Light Commercial Vehicle (LCV) sales plunged by 21% compared to last year. As a result, the market share of the PV segment improved from an average of 51% of total LV sales during the pandemic period between 2020-2022 to an....

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