Thailand’s auto production down 20pc in June as domestic sales slow

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BANGKOK, July 26 — Thailand’s auto production recorded a further decline in June due to lower output for domestic sales...

The federation slashed its auto production target for 2024 to 1.7 million units, from 1.9 million units expected earlier, weighed down by a lower projection on output for domestic sales.

Thai auto manufacturers produced 116,289 vehicles in June, down 20.11 per cent from a year earlier and accelerating from a 16.19-per cent drop in May, according to the FTI.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaThailand

Topics: Thai auto Auto production

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 13:06:22 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 206 words

Reading Time: 2 minutes read

Sentences: 8 lines

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Copyright Owner: © Malay Mail

News ID: 21784669

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