Thailand July Auto Production Up 6.12% Year-on-Year, Reversing Decline

Macro
โดย Reuters·TH·Read original
Summary · why it matters

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%.

Impact on stocks 2

Electrification & Mobility · 2 stocks
Toyota Motor Corp.
7203
▲ PositiveDemandrelevance

Thailand auto production and domestic sales up, benefiting Toyota as a major manufacturer in the region.

Honda Motor Co., Ltd.
7267
▲ PositiveDemandrelevance

Thailand auto production and domestic sales up, benefiting Honda as a major manufacturer in the region.