Thai vehicle production is expected to fall by around 10% to 1.60-1.65m units in 2011, from over 1.8m units in 2010 – despite continued strong domestic demand, according to the Thai Automotive Institute.
The institute’s president, Vallop Tiasiri, said the country’s three main automakers – Toyota, Isuzu and Honda, are quickly retuning to full operating capacity after severe disruption to their parts imports in the second quarter – caused by the earthquake in Japan in March.
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Vallop said Toyota returned to full operating capacity on 23 May and Isuzu on 1 June, while Honda’s expects normal operations by July. It also expects to make a small number of deliveries of its Brio eco-car next month – after a three-month delay.
The institute forecasts domestic vehicle sales of 850,000 units and exports of between 750,000-800,000 units.
