Thailand July Car Production Rises

Thailand car production increased 6.12 percent year on year to 117383 units in July following a decline in June. Domestic sales and exports also grew during the month according to the Federation of Thai Industries.

Insights:
Workers assemble an EV car inside BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa

Thailand car production rose 6.1% to 117,383 units in July from a year earlier, recovering from a contraction in the prior month, the Federation of Thai Industries said Tuesday morning.

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