Wednesday, February 15, 2012

Thai Automotive January output kickstarts into drive

The Thai automotive industry kicked off the year impressively with production surging in January over the previous month.

The industry was battered by floods last October and November but started recovering in December.

Total automobile production in January dropped by 3.98% year-on-year but increased by 41.2% from December to 140,404 units, the highest level since the industry was hit by the flood crisis.