Thailand - The Thai market for commercial vehicles over 2 tons gvw grew by 2.0% to 101,209 units in the third quarter of 2016, from 99,249 units in the same period of last year, based on data derived from various industry sources. This represents a significant slowdown from the 13% rebound the market enjoyed in the first half of the year. Economic growth in the country slowed to 3.2% in the third quarter, from 3.5% in the second quarter, as domestic consumption moderated.
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