rooster59 Posted April 24, 2020 Share Posted April 24, 2020 Auto production target for 2020 revised down in wake of Covid-19 crisis By THE NATION The Federation of Thai Industries’ Automotive Industry Club has decided to revise down the vehicle production target this year from 2 million units to between 1 million and 1.4 million if the Covid-19 crisis drags on until June, the club’s spokesperson Surapong Paisitpatanapong said. Of the total 1.4 million units targeted, half will be earmarked for the domestic market and the rest for exports. Many foreign automakers have suspended their operations in Thailand due to the outbreak, which could hurt more than 700,000 workers in the industry. The total car production in March stood at 146,812 units, down 26.16 percent year on year, while production in the first quarter stood at 453,682, down 19.2 percent. Source: https://www.nationthailand.com/business/30386654 -- © Copyright The Nation Thailand 2020-04-25 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
natway09 Posted April 25, 2020 Share Posted April 25, 2020 No money to buy a new car now anyway Link to comment Share on other sites More sharing options...
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