Car production in Thailand fell 19.28 per cent in February from a year earlier to 133,690 units, the Federation of Thai Industries said on Tuesday, largely due to a decline in production of pickup trucks and more imported electric vehicles (EVs).
The figure compared with January’s 12.46 per cent year-on-year drop.
Thailand is Southeast Asia’s biggest autos production centre and an export base for some of the world’s top carmakers, including Toyota and Honda, with pickup trucks among the key vehicles manufactured.
The FTI has predicted car production at 1.9 million vehicles this year after 1.84 million made in 2023, a 2.2 per cent drop year-on-year.
February car sales were 52,843 units, the FTI’s automotive industry division said.
Reuters
