Political and economic troubles sharply depressed the motorcycle market in the first seven months of the year, with overall demand dropping 16 per cent year on year, reports Thai Yamaha Motor, Thailand's second-largest motorcycle producer.
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"What is important to note is now the cake has become smaller, and manufacturers are fighting for a bigger slice," said chief operating officer Praphan Phornthanavarsit. "Yamaha's market share has remained at 23 per cent, which shows we're still very competitive.
The motorcycle market is a very clear indication of the amount of money people have and shows the true situation of the economy."