In April, Thailand's car production fell 11% YoY to 104,667 units, with domestic sales down 21.49%; the January-April period saw a 17.
Thailand's car production fell 11% year-on-year in April to 104,667 units, while domestic sales dropped 21.49%. Car production in the January-April period contracted 17.05% to 518,790 units. The decline is attributed to lower pick-up truck output due to tighter auto loans and weaker demand. Thailand, the largest auto production hub in Southeast Asia, is an export base for major carmakers such as Toyota and Honda.
May 23, 2024
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