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Thailand

GlobalData blog: Chinese light vehicle sales in Thailand increased dramatically in 2023, but questions remain in the long-term

Despite Thailand Light Vehicle (LV) sales falling by 9% YoY in 2023, Chinese automakers’ sales rocketed by 104% YoY (this is not a typo, they really rose by over 100%!) Also, Chinese brands’ market share of the Thai LV market jumped from 5% of the total in 2022 to 11% in 2023.
This outstanding Chinese sales performan....

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