Thai auto production grows 26% in first half of 2013

[webfact]

Thai auto production grows 26% in first half of 2013
By English News



BANGKOK, July 19 – Auto production in the first half of this year reached 1.3 million units, an increase of 26 per cent year-on-year, according to Surapong Paisitpattanapong, a spokesman for the Federation of Thai Industries (FTI)'s automotive group.

She said that auto production in June was recorded at 217,110 units, an increase of four per cent year-on-year. However, it dropped 6.37 per cent from the previous year.

Auto production for export in June accounted for 95,139 units or 43 per cent of all auto manufacturing, an increase of 5.13 per cent, while the number of automobiles produced for export from January through June was 540,303 units, accounting for 40.29 per cent of all auto production, an increase of 14.87 per cent year-on-year.

Automobile manufacturing for domestic sale last month reached 121,000 units, accounting for 56 per cent of overall production, an increase of 3.14 per cent year-on-year.

From January through June, some 800,000 vehicles were built, a 59 per cent of overall production volume, an increase of 35 per cent year-on-year. (MCOT online news)


-- TNA 2013-07-19

[wjhall]

Auto production in the first half of this year reached 1.3 million units

From January through June, some 800,000 vehicles were built

So which is it????

[Thaddeus]

Auto production in the first half of this year reached 1.3 million units

From January through June, some 800,000 vehicles were built

So which is it????

The other 500,000 units were the ones that had just finished drying out.

[JeremyBowskill]

is that grows 26% after the knock on effect from the flooding?

[bigbamboo]

That's great.

How many were sold?

[Gomyway]

Maybe its like in Germany where some of the new cars after leaving the factory directly go in the shredder, so the 1,300,000 could result in 800,000?

[ETatBKK]

Auto production in the first half of this year reached 1.3 million units, while the number of automobiles produced for export from January through June was 540,303 units.

thanks . . . in 6 months, we have 759,697 more cars on the road of Thailand, or everyday we have 4,151 new cars on the road ( if they sell all ).

( this is higher than the official and unofficial fertility rate of Thailand ).

[canardo]

So overall car production raises in LOS and Toyota just adjusted their production targets downwards?

Guess some Japanese Toyota manager here in LOS can start packing...

[ramrod711]

From January through June, Thailand's total car sales volume reached around 740,000 units, a 22-per cent increase year-on-year, as a result of deliveries of cars booked under last year's 'first-car buyer' scheme and the promotional campaigns of automobile manufacturers this year.

Thai auto production grows 26% in first half of 2013

Huh?

[seminomadic]

I can only hope that this will mean more cars being sold here in Thailand by way of something like the continuation of Yingluck's first car discount policy. Way WAY too much empty space on the roads here in BKK. The underutilization's a goddamn shame.

Edited July 19, 2013 by seminomadic

[NeverSure]

I long ago quit trying to make any sense out of their conflicting numbers.

Maybe they are counting bags of rice from Cambodia in there.

[Thai at Heart]

Total 1.3mn produced. up 26%

Exported 500k,up14% therefore 800k 35% up sold in country to date...

Average up 26%

[belg]

that is why the local toyota dealer just built 2 fancy 6 story high parkings, just to put unsold cars

[SOTIRIOS]

....and where will all these cars go...

...and what air will we breathe....

...this is a car ghetto.....

.....same system they use for roads and traffic as they do in shopping center parking lots.....no system....

.....calculate...count......

...use the example from Singapore....calculate how many cars the roads can bear....don't just blindly produce and sell.......

[MaxLee]

First car scheme, is not only to rip people off, but also to turn attention away from those car smugglers and their rich influential henchmen to avoid paying taxes....

Next flood, next compensation, new first car scheme,... then, there's another flood, and then ANOTHER First car scheme, etc,... etc...

[Anon999]

Auto production in the first half of this year reached 1.3 million units

From January through June, some 800,000 vehicles were built

So which is it????

As it was, "59 per cent of overall production volume", of 1.3 million maybe you can decipher it? I can't as 59% of 1.3 million is 767,000 well short of 800,000!

Edited July 20, 2013 by Anon999

[IsaanUSA]

So overall car production raises in LOS and Toyota just adjusted their production targets downwards?

Guess some Japanese Toyota manager here in LOS can start packing...

The only reason I clicked this thread was to see if somebody made this exact comment. Thanks

[pistachios]

And I thought the numbers would have started to drop at the end of the first car rebate scheme. Impressive numbers, compared to the moribund EU market.

[Thai at Heart]

And I thought the numbers would have started to drop at the end of the first car rebate scheme. Impressive numbers, compared to the moribund EU market.

June was down 6%. It may well keep going that way....

[damienk]

Lot of confusion on this topic, let me try to summarize the situation :

- Car Production is up, because Car manufacturers need their production facilities to run at over 80% of their capacity to avoid losses and they (almost) all have invested in capacity expansion.

- Car Sales in Thailand were up for the first 3 months of 2013 because of the backlog to deliver the eco-cars bought under the first car buyer scheme

- Car Sales in Thailand since March 2013 are flat/down, and this trend will keep going for the rest of the year (unless new incentive from govnt but not likely to happen). Car makers hoped that the frenzy from the first car buyer scheme would carry over this year, but it clearly is not. That's why Toyota has revised their Domestic Sales forecast down 10% because they see what's coming. But they have not revised their production forecast (they probably increased the targets of their export sales guys 10%)

- Exports are up, because Car Manufacturers need to find new markets to sell their cars as TH is not looking so good

Hope this helps to understand the numbers.