hailand’s auto production extended its negative trend in February, largely due to a persistent decline in domestic sales, data from the Federation of Thai Industries (FTI) showed on Tuesday.<\/p>\n
Thai auto manufacturers produced 115,487 vehicles last month, down 13.62 percent from a year earlier and easing from a 24.63 percent plunge in January, dragged down by the output of passenger cars with internal combustion engines, according to the FTI.<\/p>\n
For the first two months of 2025, auto production slumped 19.29 percent over the previous year to 222,590 units, despite a strong growth in plug-in hybrid and pure electric vehicles, said FTI Automotive Industry Club spokesperson Surapong Paisitpattanapong.<\/p>\n
Domestic auto sales dropped 6.68 percent year-on-year to 49,313 units in February as financial institutions maintained strict lending practices, particularly for pickup trucks, amid high household debt, Surapong told a news conference.<\/p>\n
However, the government’s initiative to offer a credit guarantee for pickup truck loans should help ease high rejection rates, as the kingdom seeks to boost its flagging automotive sector, Surapong said.<\/p>\n
The Southeast Asian country’s finished car exports fell 8.34 percent from a year earlier to 81,323 units in February, owing to a production slowdown caused by the model changeover and concerns over trade policies, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
hailand’s auto production extended its negative trend in February, largely due to a persistent decline in domestic sales, data from the Federation of Thai Industries (FTI) showed on Tuesday. Thai auto manufacturers produced 115,487 vehicles last month, down 13.62 percent from a year earlier and easing from a 24.63 percent plunge in January, dragged down […]<\/p>\n","protected":false},"author":1,"featured_media":6089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"slim_seo":{"title":"Thailand's auto production shrinks 13.62 pct in February - Shree Post","description":"hailand's auto production extended its negative trend in February, largely due to a persistent decline in domestic sales, data from the Federation of Thai Indus"},"footnotes":""},"categories":[8577,8578],"tags":[10261],"class_list":["post-6088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","category-technology","tag-thailands-auto-production-shrinks-13-62-pct-in-february"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t