Thailand weighs pickup truck trade-in scheme
Thailand is considering a new trade-in scheme for pickup trucks according to a senior finance official. The ministry also plans to impose higher taxes on vehicles failing local content rules.
Thailand is considering a pickup truck trade-in scheme, Finance Ministry Permanent Secretary Lavaron Sangsnit said on Thursday morning. The proposal aims to modernize the nation's commercial vehicle fleet and support domestic manufacturers. The policy could reshape local auto sales and pressure automakers to increase domestic sourcing.
