35.1 C
Bangkok
Saturday, May 4, 2024

Bangkok Post – Car production down 23.1% y/y in March

Domestic vehicle sales down

Car production in Thailand dropped 23.08% in March from a year earlier to 138,331 units, the Federation of Thai Industries said on Thursday.

The figure compared with February’s 19.28% year-on-year drop. In the January-March period, car production fell 18.45% from a year earlier to 414,123 units, the FTI said.

The federation has said car production has been down because of lower pick-up truck output following weaker demand due to tighter auto loans from financial institutions.

Domestic car…

Read more…

Latest Articles