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Bangkok Post
Bangkok Post
Business
PIYACHART MAIKAEW

Auto output at 63-month high

A car assembly line in Rayong. (file photo)

The Federation of Thai Industries (FTI) reported on Tuesday that automotive output in October was the highest in 63 months, with a rise of 20.62% year-on-year to 197,203 units.

The FTI's automotive industry club said overall car output from January to October was 1.8 million units, a rise of 9.75%.

Domestic sales in October rose by 26.8% to 86,931 units, driven by a prevailing healthy economic sentiment. 

Overall car sales grew by 20.9% to 833,515 units over the first 10 months of this year. 

Vehicle exports in October grew by 2.75% to 93,338 units but export value in October dropped by 2.65% to 48.48 billion baht.

Overall, vehicle exports from January to October increased by 1.2% to 952,125 and the value for the period grew by 0.04% to 499.38 billion baht. 


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