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Finwire

Car production in Thailand increased nearly 11 percent in August

Thailand’s car production rose 10.93 percent year-over-year to 124,646 vehicles in August, according to the industry organization Federation of Thai Industries, FTI. This follows an increase of 6.1 percent in July.

Domestic car sales increased by 25.6 percent at the same time, while exports decreased by 2.0 percent compared with the same month last year.

FTI says that the severe flooding in Bangkok has not affected the automotive industry’s supply chains and maintains its forecasts.

The organization has previously forecast that Thailand’s car production will decrease by 3.3 percent over full-year 2026, mainly as a result of lower exports linked to the conflict in the Middle East. An increase of 3 percent was previously expected.

Thailand is Southeast Asia’s largest center for car production and an important export base for Toyota and Honda, among others.

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