Thailand Automotive Outlook Report 2021: Commercial Vehicle Continues to Dominate with a 56.6% Share, and it is Projected to Reach 57.3% in 2021 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Thailand Automotive Outlook, 2021” report has been added to ResearchAndMarkets.com’s offering. Thailand’s TIV dropped by 21.4% in 2020 when compared to 2019. Sales is projected to increase by 8.7% (YoY growth rate) in 2021 to 861,000 units. The commercial vehicle (CV) segment continues to dominate with a 56.6% share, and it is projected to reach 57.3% in 2021, driven by government stimulus measures in response to the pandemic. Diesel powertrain sales rose from 54.0

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