Car production in 2022 up 11.7%, says FTI
Domestic sales rise 11.9% on the year and exports up 4.3%
published : 24 Jan 2023 at 14:04
Car production in Thailand in 2022 increased 11.7% from the year before to 1.88 million units, the Federation of Thai Industries (FTI) said on Tuesday.
Domestic sales of passenger cars and pickup trucks increased 11.9% on the year, while exports increased 4.3%, said Surapong Paisitpattanapong, a spokesperson for the FTI’s automotive industry division
Output rose 2.75% in December from a year earlier to 158,606 units, after a 15% rise in the previous month. However, sales dropped 9% to 82,799 units due to a lack of semiconductors in some car models and flooding in parts of the country, he said.
Car exports in December rose 10.1% from a year earlier to 111,605 vehicles, he said.
Thailand is a regional vehicle production and export base for some of the world’s top car makers, including Toyota and Honda. The industry accounts for about 10% of the economy and its manufacturing jobs.