Domestic vehicle sales down
PUBLISHED : 25 Apr 2024 at 11:11
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…