Local automobile production is projected to almost double in the first quarter this year in line with the recovering economy, says Surapong Phaisitpatthanapong, spokesman for Federation of Thai Industries’ automobile industry club. Production of all types of vehicles in three months to March is expected to jump 93.84% to 385,693 units from 198,972 in the same period last year. Vehicle production in the first quarter in 2009 wobbled from the global economic downturn that started in 2008. Production for the first quarter this year will rise only 10.9% from the last quarter in 2009.
Thai Auto production to double in Q1 2010
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The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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