Thai auto production set to roar past annual target with 1.42m units #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

Thai auto production set to roar past annual target with 1.42m units

EconNov 18. 2020

By The Nation

The country is expected to produce 1.42 million cars this year, exceeding the target by 20,000 units, according to the Federation of Thai Industries’ Automotive Industry Club.

Production for domestic sales is also set to meet the target of 700,000 and climb as high as 720,000, said club vice president and spokesman Surapong Pisitpattanapong.

He attributed the high sales to Thailand’s success in curbing the Covid-19 pandemic, resulting in a speedy economic recovery.

Production for exports is also expected to meet the 700,000 target, as long as there is no severe second wave of the outbreak in Europe.

Total production in October was 149,360 units, down only 2.24 per cent year on year.

Production for domestic sales, which accounts for more than half of total production, rose 18.81 per cent year on year to 82,157. The figure reflects growth for two consecutive months.

Production for export in October dropped 19.65 per cent to 67,203 units.

The export value for finished vehicles, including auto parts, spare parts, and motorcycles and spare parts, was just over Bt65 billion, a drop of 6.7 per cent year on year. The export value from January-October was Bt520.555 billion, a fall of 28.87 per cent year on year.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s