THAILAND: Vehicle production up 14.7% year to date

Production of cars and trucks in Thailand for the first seven months of 2002 rose 14.7% to 293,348 units from a year ago, driven mainly by higher domestic sales, Dow Jones reported. Export of assembled vehicles, however, declined 3.6% on year to 92,933 units, Dow Jones said, citing the Federation of Thai Industries, with the value of these exports falling 8.2% on year to 41.94 billion baht due to the stronger baht in the period.

bcusack August 20, 2002

Production of cars and trucks in Thailand for the first seven months of 2002 rose 14.7% to 293,348 units from a year ago, driven mainly by higher domestic sales, Dow Jones reported.

Export of assembled vehicles, however, declined 3.6% on year to 92,933 units, Dow Jones said, citing the Federation of Thai Industries, with the value of these exports falling 8.2% on year to 41.94 billion baht due to the stronger baht in the period.

Including engines and other parts, Thailand’s total automotive exports generated 55.54 billion bath in the January-July period, down 5.5% on year, Dow Jones said.