UPDATE 1-Thailand's car production up 6.39 y/y in Feb, exports also climb

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds domestic car sales, car exports) BANGKOK, March 23 (Reuters) - Car production in Thailand rose 6.39% in February from a year earlier to 165,612 units, as a shortage of microchips eased and car exports increased, the Federation of Thai Industries said on Thursday. Car exports climbed 11.42% in February from a year earlier, after January's 24.28% rise, Surapong Paisitpattanapong, a spokesperson for FTI's automotive industry division, told a news conference. Domestic sales, however, dropped 3.94% in February from a year earlier, after January's 5.58% fall, due to an unexpected sharp decrease in truck sales, he said. In January, car production rose 4.02% year-on-year. Thailand is a regional vehicle production and export base for some of the world's top car makers, including Toyota and Honda . (Reporting by Orathai Sriring, Kitiphong Thaichareon and Satawasin Staporncharnchai; Editing by Ed Davies)

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