Thailand’s five-car families (taking advantage of govt 100,000 baht rebate) seen as deterring rate cuts

Five-Car Families Seen Deterring Thai Rate Cuts – Bloomberg, April 2, 2013
…“It was a very tempting offer,” said Chitwalai, a 27- year-old English teacher in Bangkok who will receive a 100,000- baht ($3,400) rebate on a black Mazda 2 sedan she bought for 705,000 baht, adding to her family’s four cars. “Something like this may not happen ever again, so I had to do it…”

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