May vehicle production in Thailand up 0.7% [ Thailand ]
On June 21, Federation of Thai Industries (FTI) announced that vehicle production in May 2017 totaled at 169,495 units, increased by 0.7% from May 2016 and 40.7% from April 2017.
Vehicle exports in May were reported at 90,092 units, declined by 9.5% year-on-year. The total value of vehicle exports was THB 48.0 billion, declined 12.7% from May 2016.
Domestic sales in May increased 0.6% year-on-year to 66,422 units on the back of the recovery of Thai economy, increased exports of agricultural products, and launches of new SUV models.