Thailand’s vehicle production could fall more than 35% next year, with as many as 45,000 workers losing their jobs, warns the Thailand Automotive Institute. “In the worst case scenario, production by Thai auto makers may fall to 900,000 units next year,” TAI Director Vallop Tiasiri tells the Bangkok Post. “Since the automobile and parts industries have been hit by the (world economic) slump, local industries are affected, as well.” Vallop is hoping production will reach 1.2 million ...
Premium Content (PAID Subscription Required)
"Thai Output Seen Falling in 2009 Due to Ongoing Economic Crisis" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.