Thai February Vehicle output up 11.6%, Exports Down 4.2% image

Thailand’s vehicle output rose 11.6 percent in in February to 168,221 units, and was up 19.8 percent over January’s figures as most automakers’ plants resumed normal operations after the disruptive floods late last year, the Federation of Thai Industries said Thursday.

In addition, the Thai Industries Sentiment Index for last month rose from 99.6 points in January to 100.9, Federation of Thai Industries (FTI) chairman Payungsak Chartsuthipol said on Thursday.

He said industrial sentiment over the next three months is projected at 106.3, a decrease from previous estimates of 107.7 in January.

Exports, however, fell 4.2% from a year earlier, but increased 44.3% from the previous month to 77,314 units, it said.

Auto sales in Thailand rose 17.2 percent in February.

Of the total, passenger cars accounted for 31,170 units, down 4 per cent on year, as Honda – the biggest passenger carmaker in Thailand – had not yet resumed operations.

Honda announced earlier that the flood-damaged plant in Ayutthaya will recommence operations on March 26.