New Record After 25 Years for Thailand Auto Exports image

According to the Federation of Thai Industries, Thailand exported in June over 94,000 cars, reaching the highest record in the last 25 years and an increase of 25%.

Surapong Paisitpattanapong, FTI auto industry spokesman, declared that if Thailand would have succeeded in exporting the target of 1 million units, it would have meant an increase of 36% year-on-year and 15% which is the export growth target set by the Thai government. In June auto production hit 205,600 units, a new record for the second time in the last 50 years, up 33% from the same period in 2011.

Another record was set for the June’s sales of over 123,000 units, up 75% compared to the same period last year. From January to June sales increased 40% since auto makers had to deliver cars which customers booked before the flood that affected the country last year.

Suparat Sirisuwannangkura, vice chairman of FTI, said the Industrial Confidence Index in June dropped 102.7 compared o last month, due to declines in purchase and sales. Due to increased production costs, the natural disaster and the local political conflict, production and earnings of operators were also down.