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Thailand - Automotive production in 2024
first 6 months of 2024 reached 519,040 units, down 1.8% YoY.The FTI mentioned that the high household debt and the slow economic growth have caused financial institutions to be stricter in approving auto loans, especially with pickup and trucks. The local economic recovery is expected to be seen in H2/2024. The FTI decided to revise its projection on local car production in 2024 downward from 1.9 million units to 1.7 million units. The targeted v...
Automotive Production Data Updated at: 2025/07/04
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