A total of 15 automobile companies and 16 used car dealers are taking part in the FAST Auto Show Thailand 2018, which kicked off at the Bangkok International Trade and Exhibition Centre in outer Bangkok today.
The event is organized by King of Auto Products Co Ltd and takes up 16,000 square meters of space at BITEC’s Halls EH105-106. Chairman of the organizing committee Pattanadesh Asasappakij said this is the seventh year that the event is being held.
“Last year there were 252,216 visitors to the show, while a total of 3,497 vehicles were sold (2,256 new and 1,241 used) worth approximately Bt2.85 billion,” he said, adding that organizers expect a 3-per cent growth in sales this year.
Organizers of the FAST Auto Show Thailand want the event to serve as a meeting place for auto buyers and sellers, for both new vehicles and used vehicles, the latter coming with 5-point warranty as follows.
1. No fire accidents
2. No drowning accidents
3. No modifications
4. Legitimate documents for ownership transfer
5. No heavy accidents
A team of specialists check every vehicle before being allowed to be put on sale at the show.
“During the past 6 years, we have never had a case that we had to re-purchase the vehicle,” Pattanadesh added.
All used vehicles on sale at the show also comes with a Pattanadesh sticker to confirm the high quality. Meanwhile, each company is also offering attractive sales promotions in order to stimulate sales. Krungsri Auto also offers financial services throughout the event.
“We expect that 270,000 people will come to the show this year with no less than 3,600 vehicles being sold, comprising of 2,300 new and 1,300 used vehicles,” Pattanadesh said.
He said contributing factors include the launch of new models such as the facelifted Honda HR-V and MG3, while Muangchon Used Car, a major provincial used car dealer, will be taking part for the first time and help increase sales.
Chalatchai Paphatphong, Vice Chairman of the Organizing Committee for New Cars, said, “For new vehicles, we have a total of 15 companies including MG, Hyundai, Honda, Toyota, Nissan, Suzuki, Isuzu, Mazda, Mitsubishi, Subaru and AAS Group, which features Porsche, Bentley, Ducati and Harley-Davidson. This reflects the confidence auto companies have in the automobile market, which is enjoying continuous growth. Meanwhile, auto companies are also preparing a large number of sales campaigns that will surely help with the purchase decision of consumers visiting the show.”
Asadavuth Asasappakij, Vice Chairman of the Organizing Committee for Used Cars, added, “For used cars, apart from the 100-per cent buy-back guarantee, many dealers are exhibiting more luxury cars apart from the popular models in the market. This is because last year sales of luxury vehicles were so good there were not enough cars for sale at the show. There is also a large number of promotions and warranty to give customers added confidence, and I am sure sales of used vehicles will increase this year.”
Used car dealers present at the FAST Auto Show Thailand 2018 include Visarn Autocar, DDS Car Center, Yo Rachada, 54 Niwat Car, The One Srinakarin, CarDeeSureOk, Amorn Warranty by Benz Amorn Rachada, , Khun X Home Cars by Auto Master, 999 Suwit Home Cars Took Lae Dee, Best Service, Keng Rama 9 and J. Motor Trade, Muangchon Used Car, RoT Sethi, NBP&Unique Auto Car, and A.T. Car Sale.
Pornthep Thirasuntrakul, Senior Marketing Director for Auto Financing, Bank of Ayudhya, which is the main sponsor of the show, said, “The automobile market is growing continuously this year due to favorable economic factors, introduction of new models and the large number of used cars flowing into the market. The auto financing market is also enjoying growth, projected at 7 per cent in 2018. Krungsri Auto believes that the FAST Auto Show Thailand 2018 will be another important boost for the automobile market.”
“In order to reach customers, Krungsri Auto has selected the right promotions and campaigns to respond to customer requirements. At the FAST Auto Show Thailand 2018, ‘Krungsri Used Car’ is giving customers confidence with an extended warranty for 2 years or 70,000kms at a price of only Bt17,000, along with low interest or 84-month installment plan, plus raffle prizes. Old Krungsri customers are also entitled to a Bt1,000 fuel coupon. As for ‘Krungsri New Car’ we are offering special interest, 5-per cent down payment or 84-month installment. There are also special gifts including Krungsri Auto bag and for those who purchase before July 31, there is also a Bt1,500 fuel coupon,” he said.
Customers who place an order at the FAST Auto Show Thailand 2018 will be entitled to a daily raffle with 7 gold necklaces, plus the main prize which is a Nissan Almera 1.2 E priced at over Bt400,000. And in order to boost the morale of salespersons, they will also receive gift coupons worth Bt1,000 for every vehicle sold, Pattanadesh said.