trictness in auto loan approval process of financial institutions, especially for pickup trucks, continued to hamper vehicle sales. FTI said that the new government is expected to launch some support measures that will uplift the auto industry and the overall economy, hence the anticipated brighter outlook for the final quarter of 2023.According to data compiled by Toyota Motor Thailand (TMT), by maker sales in July, Toyota was up 0.7% to 20,421 ...

Automotive Production Data  Updated at: 2024/02/22

pared to full-year 2022 included Mercedes-Benz with a 22.5% decrease to 67,846 units; Toyota with a 6.8% decrease to 250,015 units; Kia with a 3.4% decrease to 256,000 units; General Motors with a 2.8% decrease to 722,631 units and Audi with a 1.6% decrease to 175,121 units."We have really positive outlook on this year," AMIA head Odracir Barquera said in a press conference, adding a boost in production was expected from electric vehicles. "For b...

Automotive Production Data  Updated at: 2024/02/08

is around 28.0% higher than May 2020 as most of car makers have restarted the operations at their manufacturing plants, which suspended production due to coronavirus pandemic. January - June production was down 43.1% to 606,132 units.The Federation of Thai Industries (FTI) has a vehicle production outlook for 1.4 million units in 2020.Vehicle exports in June were down 48.7% to 50,049 units. The export value was THB 29.2 billion, down 43.1% year ...

Automotive Production Data  Updated at: 2021/04/28

nits, commercial vehicle was down 21.2% to 31,655 units and engines were down 35.2% to 991,334 units.Mike Hawes, CEO of SMMT said "As key global markets continue to re-open and UK car plants gradually get back to business, these figures are a marked improvement on the previous three months, but the outlook remains deeply uncertain. With the sector now battling economic recession as well as a global pandemic, it has neither the time nor capacity t...

Automotive Production Data  Updated at: 2021/04/28

of SMMT said "November’s figures are the result of a range of factors, as manufacturers continue to respond to regulatory changes and adapt to model and technology changes as well as market demand. In the longer term, an ambitious Brexit deal with the European Union would make for a more positive outlook as the UK automotive sector depends on the stability provided by free and frictionless access to the European Union, our biggest market." UK ...

Automotive Production Data  Updated at: 2019/02/01

.FTI's Automotive Industry Club forecasts that car production in Thailand will increase 1% in 2018 to 1.97 million units. Thailand's car exports will remain stable at 1.1 million units, while the local market is expected to rise by 2% to 870,000 units.The club is concerned about the global economic outlook, which remains uncertain, especially in regard to non-tariff barriers from each country. The outlook for the domestic market is positive. A st...

Automotive Production Data  Updated at: 2018/07/25

es, CEO of SMMT said "Car production fell significantly in April due to the later Easter bank holiday weekend which reduced the number of active production days that month and also due to unplanned production adjustments. Overall, British car manufacturing remains in good health with the production outlook still very positive, however, we need the next government to safeguard the conditions that have made us globally competitive, keeping us open ...

Automotive Production Data  Updated at: 2018/02/01