Want to understand why names like GL, TK, and today’s S11 are performing so well? Mortorcycle sales have recovered from their lows last year, see the key points below.

• The automotive industry club of the Federation of Thai Industries (FTI) on Tuesday reported January car sales dropped by 12.9% year-on-year and 33.3% month-on-month to 59,669 vehicles.
• However, motorcycles sales increased by 13.8% year-on-year and 19.1% month-on-month to 142,929.
• Car output in January increased by 2.22% year-on-year and 8.19% month-on-month to 166,260 vehicles thanks mainly to higher production for export.’
• A total of 218,220 motorcycles were made last month, down by 0.05% year-on-year.
• Car exports rose by 14.1% year-on-year last month to 92,440 vehicles, mainly to Europe, North and South America and Australia. Export value was 41.2 billion baht, up by 10% year-on-year.
• January motorcycle shipments fell by 7.31% to 72,431 units, with export value dropping by 4.67% to 3.73 billion baht.

Source: Bangkok Post