Monday, October 22, 2012

Thai Vehicle Output +31.2%, Exports +8.4% in September

Thailand's vehicle production and exports increased in September as auto makers continued to play catch-up from the effects of last year's flooding, and as tax incentives for first-time car buyers added oomph to domestic demand, the Federation of Thai Industries said Thursday.
Production increased to 228,500 vehicles in September, 8.6% more than in August, and 31.2% more than in September last year, the federation said in a statement.
Exports increased 15.2% on month and 8.4% on year to 98,268 vehicles.

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