Thailand car production drops 28.23% y/y in Nov, federation says

BANGKOK: Car production in Thailand fell 28.23% in November from a year earlier to 117,251 units due to weak sales and exports, the Federation of Thai Industries said on Tuesday.

That followed October’s 25.13% year-on-year drop, and was the 16th straight month that production had declined.

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Thailand is Southeast Asia’s biggest autos production centre and an export base for some of the world’s top carmakers, including Toyota and Honda.