Thailand car production falls 17.37% y/y in December

BANGKOK: Car production in Thailand dropped 17.37% in December from a year earlier to 104,878 units due to lower domestic sales and exports, Federation of Thai Industries said on Tuesday.

That followed November’s 28.23% year-on-year fall, and was the 17th straight month that production had contracted.

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

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.