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Bangkok Post
Bangkok Post
Business

FTI sticks with annual car production forecast of 1.95m

The Federation of Thai Industries (FTI) is maintaining its prediction for total car production this year at 1.95 million cars despite a drop in output last month.

The number of cars produced in April decreased by 0.13% year-on-year to 117,636 units, attributed to the long Songkran holiday and a decline in domestic sales, especially for pickups, said Surapong Paisitpatanapong, vice-chairman of the FTI and spokesman for the FTI's Automotive Industry Club.

From January to April, car manufacturing grew, up 4.61% year-on-year to 625,423 units.

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