Thailand’s auto production hits record high

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BANGKOK, Aug 17 – Thailand’s auto production in July hit a record high of  212,727 units, an increase of 44.48 per cent year-on-year, according to Surapong Paisitpattanapong, Federation of Thai Industries (FTI) Automotive Industry Club spokesman.

The country’s auto production in the first seven months totalled 1.2 million units, an increase of 32.63 per cent from the previous year.

Auto sales in July hit a record high of 131, 646 units, an increase of 80.6 per cent year-on-year. Sales in the first seven months amounted to 738,189 units, an increase

of 46.2 per cent from the same period last year.

Exports in July hit a record high of 94,838 units, an increase of 25 per cent year-on-year with export values of Bt46 billion, an increase of 37 per cent year-on-year. Auto exports in the first seven months of this year were recorded at 551,707 units, up 15.73 per cent year-on-year with an export value of Bt263 billion, up 25.32 per cent year-on-year.

Thailand’s auto production this year is expected to exceed the target of 2.2 million units to 2.3 million units.