ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Economy

Thai auto production falls 13% in April

Home market rebounding, but exports lack steam

BANGKOK -- Automobile production in Thailand shrank 13% on the year in April, weighed down by sluggish exports.

The volume fell to 120,473 units, the Federation of Thai Industries said Wednesday. This marks a third straight month of decline and the lowest tally in 64 months. In December 2011, the output dropped to 99,426 due to severe flooding that year.

After the death of King Bhumibol Adulyadej on Oct. 13, Thais curbed their spending in mourning, but this trend is running its course. New-vehicle sales in Thailand have been recovering. Production for the domestic market slid 4% to 55,007 units in April -- a milder decline compared with March.

Exports have lacked momentum, however. Production for export decreased 19% to 65,466 units in April. Shipments to the Middle East, hit hard by low crude oil prices, slowed significantly, among those to other places.

Passenger car production in Thailand dropped 19% to 46,847 units. Pickup trucks, which account for about 60% of total volume, declined 9% to 71,545.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more