Thailand (FTI): October Automobile production: Recovered to the same level as the same month last year

Thailand (FTI): October Automobile production: Recovered to the same level as the same month last year

Bangkok

November 20, 2020

Federation of Thai Industries (FTI):

October vehicle production: (see attached table and figure)

On November 17, the production volume for October 2020 was announced.

The year-on-year decrease was 2.2% to 149,360 units.

It has been negative for 18 consecutive months.

For overseas / domestic:

Overseas production:

67,203 units, accounting for 45.0% of the total, down 19.7% year-on-year

Domestic sales:

Domestic sales accounted for 55.0% of the total, up 18.8% to 82,157 units.

Passenger cars / commercial vehicles:

Passenger cars decreased 4.7% to 58,789 units,

Commercial vehicles decreased by 0.6% to 90,571 units.

Cumulative from January to October:

Cumulative production:

The year-on-year decrease was 35.5% to 1,112,426 units.

Exports decreased 35.8% to 576,626 units,

Domestic sales decreased 35.2% to 535,800 units.

By department

Passenger cars decreased by 38.9% to 422,598 units,

Commercial vehicles decreased by 33.3% to 689,828 units.

October sales volume:

74,114 units decreased by 1.4% from the same month of the previous year.

It has been negative for 17 consecutive months.

Cumulative sales from January to October :,

It decreased by 27.4% from the same period of the previous year to 592,448 units.

–JETRO

https://www.jetro.go.jp/biznews/2020/11/d2776d2b0a472320.html