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Thailand sees car sales bounce back after nearly two years

The slight rebound came amid continued declines in both vehicle production and exports.

Nguyễn Thị Ngọc Ánh
Illustrative photo (Photo: bangkokpost.com)
Illustrative photo (Photo: bangkokpost.com)

Bangkok (VNA) - Domestic car sales in Thailand rose by 1% year-on-year in April, the first increase in 23 months, according to the Federation of Thai Industries (FTI).

The slight rebound came amid continued declines in both vehicle production and exports.

In April, car production fell 0.4% from a year earlier to 104,250 units, the FTI said. The fall followed a 6.1% year-on-year drop in March, and was the 21st straight month that production had declined.

Meanwhile, car exports dropped 6.3% against the same period last year, a smaller contraction than 14.9% posted in the previous month.

Thailand is Southeast Asia’s biggest autos production centre and an export base for some of the world’s top carmakers, including Toyota, Honda and China’s BYD./.

Nguyễn Thị Ngọc Ánh
VNA
#Thailand #car sales #vehicles #exports #production Thailand
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