BANGKOK, Thailand’s auto producers churned out 143,016 vehicles in June, up 6.53 percent year on year, the Federation of Thai Industries (FTI) said yesterday.

In the first half of this year, the country’s auto production totalled 870,109 units, an increase of 3.02 percent from the same period of last year, according to the FTI.

The country’s domestic auto sales rose 4.6 percent, year on year, in Jun, due to the easing of COVID-19 restrictions and border control measures, which helped improve consumer confidence.

Auto sales for the first six months of the year jumped 14.5 percent, year on year, to 427,399 units, data from the FTI showed.

However, auto exports fell 11 percent in Jun, from a year earlier, due to a shortage of auto parts and semiconductors for some car models.

Thailand is a regional auto production and export base. During the Jan-Jun period, it exported 449,644 finished vehicles, down 5.04 percent from the same period of 2021, with the export value decreasing by 1.05 percent to 266.65 billion baht (about 7.27 billion U.S. dollars), according to the FTI.

Source: Nam News Network

By tladmin