Thai auto production hitting 2m units in 2016
With the slowdown in domestic auto sales ebbing and strong exports, Thai automobile production is expected to reach 2 million units next year, the Federation of Thai Industries projects.
Surapong Paisitpatanapong, a spokesman for the FTI’s automotive industry club, said the production in 2016 likely will grow by 3%-4% year on year. Of that, 1.22 million will be vehicles destined for export with 780,000 sold in the domestic market.
