Thursday, April 19, 2012

The Nation: Thai Automotive Industry Performance Quarter 1, 2012

Bouyed by domestic and export demand, Thailand's automotive output in March hit190,935 units, highest in the hisory since the production kicked off in 1961, according to the Federation of Thai Industries' Automotive Industry Club.

Surapong Paisitpattanapong, spokesman of the club, revealed on Thursday that the output increased 11.01 per cent from the same period last year and 13.5 per cent from the previous month. This pushed the combined output in the first three months of this year to 499,560 units, or an increase of 6.52 per cent from the corresponding period last year.

In March, Thailand exported a total number of 89,815 vehicles, up 16.17 per cent from the previous month and 4.8 per cent from the same period last year.

Read the full story here.

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