The Automotive Industry Club have reported a decline in Thailand car production for January, citing the Russia-Ukraine conflict and a global shortage of semiconductors (microchips).
Last month’s car production reached around 151,700 vehicles nationwide, a 2.45% increase year-on-year, but a 1.7% decline since last December, according to AIC spokesperson Surapong Pisitpattanapong.
About 74,700 of the vehicles were produced for the domestic market, which accounted for 49.2% of production. The remaining 50.8% of the January production, some 77,000 vehicles, went for exports, according to the NNT (government news channel).
The rise in demand for electronic devices during the Covid-19 pandemic, coupled with the increasing popularity of electric vehicles, has triggered the global semiconductor chip shortage, according to the AIC. They predict chip shortages will last until at least…
