While the upcoming general election is expected to bring about an increase in motorcycle purchases, the Thai market is still affected by inflation which has caused the domestic sales target to be revised down to 1.75 million units this year, says Thai Honda Co.
The election could help grow the motorcycle market by 5-10%, similar to the rates recorded during previous elections, said Wiwat Lertpati, chief sales and marketing officer at Thai Honda, a manufacturer and distributor of Honda motorcycles.
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