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Car-sales growth slows to only 2%.

The Nation (Thailand)

| August 31, 2006 | COPYRIGHT 2008 Nation Multimedia Group. (Hide copyright information)Copyright

(From The Nation (Thailand))

Byline: The Nation.

Domestic car sales are likely to grow by just 2 per cent this year due to the political turmoil and economic slowdown which has discouraged consumers from buying new cars, said Ninnart Chaiteerapinyo, chairman of the automobile club at the Federation of Thai Industries (FTI).

Ninnart said he does not expect the general election, which may be delayed from the provisional date of October 15, to help bolster sales as it did last time, as this time round the political parties have small budgets.

"They do not want to spend large sums on the election because the incoming government will serve only for one …

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