Production hits new high

AUTOMOBILES

Published: 26 Jan 2013 at 00.00
Newspaper section: Business

Thailand's automotive industry enjoyed a bumper year in 2012, with vehicle production totalling 2.45 million units, a 68.32% jump from 2011, lifting Thailand to 10th place among the world's car producers.

According to the Automotive Industry Club at the Federation of Thai Industries (FTI), vehicle production hit its highest point in 51 years.

Of the total, 957,623 units were passenger cars (39%), 582 were buses of more than 10 tonnes and 1.49 million were trucks.

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boons
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Discussion 1 : 27 Jan 2013 at 17.061
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> "Thailand's automotive industry enjoyed a bumper year in 2012...lifting Thailand to 10th place among the world's car producers."

Correction. This should have read: "Thailand's auto industry was artificially stimulated in 2012, temporarily lifting Thailand to 10th place among the world's car producers".

> ""There is no risk factor that may put a major threat to the country's car production and distribution," said Mr Surapong. "I believe that all segments still have promising growth this year."

Excepting of course for a natural end to a completely unsustainable policy.
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Production hits new high | Bangkok Post: business