Toyota Motor Corp.Thailand auto production and domestic sales up, benefiting Toyota as a major manufacturer in the region.
According to the Federation of Thai Industries, released on the 25th, July auto production totaled 117,383 units, up 6.12% year-on-year, turning positive from June's 7.55% decline. Domestic sales increased 20.07% year-on-year, accelerating from June's 17.26% growth. Exports also recovered, up 2.39% year-on-year, compared to June's 7.45% decrease. Thailand is Southeast Asia's largest auto production hub and serves as an export base for major global manufacturers such as Toyota and Honda. The federation forecasts that full-year auto production in 2026 will decline by 3.33%.
Toyota Motor Corp.Thailand auto production and domestic sales up, benefiting Toyota as a major manufacturer in the region.
Honda Motor Co., Ltd.Thailand auto production and domestic sales up, benefiting Honda as a major manufacturer in the region.