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Bangkok Post
Bangkok Post
Business

Output to fall short of 1.8m target

Thailand's car manufacturing is likely to fall short of a target of 1.8 million units this year due to various factors, notably the protracted global semiconductor shortage, says the Federation of Thai Industries (FTI).

Earlier it was expected Thailand would produce 1 million cars for export with the remaining 800,000 units for the domestic market, but under current economic conditions, the total manufactured this year may decrease to 1.7 million units, said Surapong Paisitpatanapong, vice-chairman and spokesman for the FTI's automotive club.

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