Thai car production hits five-year low in April
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Business
Thailand’s car output fell 0.44% year on year in April to 103,794 units, the lowest level in five years, according to the Federation of Thai Industries. The decline reversed a 2.69% rise in March and was blamed on export disruptions from the war in the Middle East and higher energy prices. Auto exports fell 8.43% to 60,190 units, while domestic sales rose 2.54% to 48,394 vehicles, helped partly by Bangkok Motor Show bookings. The FTI kept its forecast for production to rise 3% to 1.5 million units in 2026, after a 0.9% dip last year.
Auto exports fell 8.43% to 60,190 units.
Context
War in the Middle East disrupted exports. Energy prices were higher. The FTI still…
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