rooster59 Posted January 24, 2021 Share Posted January 24, 2021 Auto sector expected to produce 1.4m cars this year Tanakorn Sangiam Thailand Automotive Institute (TAI) anticipates the overall output from Thailand’s automotive sector this year to be around 1.4 million cars. They are, however, still cautious over automobile exports until at least March this year, due to the resurgence of COVID-19 cases around the world. Thailand Automotive Institute‘s President Pisit Rangsaritwutikul said automobile exports from Thailand will continue to face challenges from safeguard measures implemented by some countries, such as the Philippines, which effectively limit the amount of auto imports into their countries. This import limitation by the Philippines is expected to affect the amount of Thailand’s auto exports, as Thailand is the second largest and the largest sedan and pick up trucks to the Philippines respectively. This measure is expected to stay until 8 August, with a possibility for further extension. According to TAI’s Next Generation Automotive Research Center, Thailand’s automotive sector produced a 19-month high of 172,455 cars in November 2020 alone, with the total output from January to November 2020 at 1,284,202. This increase in output is a result of the recovery of domestic and export markets, with the annual output for 2021 expected to be around 1.4 million. The TAI notes that the sector may face some uncertainties until March 2021 from the resurgence of COVID-19 cases around the world. -- © Copyright NNT 2021-01-24 - 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...
Isaan sailor Posted January 24, 2021 Share Posted January 24, 2021 If you include repo sales of nearly new, you might get those numbers. 1 Link to comment Share on other sites More sharing options...
lungbing Posted January 24, 2021 Share Posted January 24, 2021 You can produce as many as you want, but who is going to buy them? 2 Link to comment Share on other sites More sharing options...
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