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Thursday, May 16, 2024

Car producers still optimistic for 2022

Mechanics work on a Honda assembly line in Prachin Buri province. Pattanapong Hirunard

Tourism was not the only industry relieved when Thailand reopened its borders to foreigners on Nov 1 last year, with automakers also applauding the move to welcome back international visitors.

The reopening was supported by the Federation of Thai Industries (FTI). Its automotive club believes the reopening, along with government promotion of electric vehicle (EV) production, should bring back car manufacturing to the lofty levels last recorded before the pandemic.

More than 2 million automobiles were produced in 2019, with over a million units exported, but the numbers dropped to 1.4 million in 2020, with just over 700,000 exported, when Thailand adopted travel restrictions and a nighttime curfew to contain the spread…

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