In February 2023, Thailand's car production dropped 19.28% to 133,690 units, mainly due to decreased pickup truck production and increased EV imports.
Thailand's car production dropped 19.28% in February 2023 compared to the previous year, reaching 133,690 units. The decline is attributed to a decrease in pickup truck production and an increase in imported electric vehicles (EVs). The Federation of Thai Industries predicts car production will reach 1.9 million vehicles in 2023, down 2.2% from 1.84 million units produced in 2022.
March 26, 2024
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