{
    "success": true,
    "data": {
        "id": 2058030,
        "msgid": "thailands-car-production-plunges-whats-behind-the-drop-1793109037",
        "date": "2026-10-27 19:40:00",
        "title": "Thailand\u2019s Car Production Plunges: What\u2019s Behind the Drop?",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Business",
        "summary": "Thailand\u2019s car production fell 6.08% year on year in September to 120,319 units, despite growth in domestic sales and exports, as the sector recovered from floods that disrupted factories and parts suppliers the previous month. The Federation of Thai Industries maintained its 2026 production target at 1.45 million vehicles, while electric vehicles helped drive domestic sales higher.",
        "content": "<p>Jakarta, CNBC Indonesia \u2014 Thailand\u2019s car production fell in September\n2026, even as sales in the domestic market and exports recorded\ngrowth.<\/p>\n<p>The production slowdown followed flooding that disrupted the\ncountry\u2019s automotive industry the previous month. Reuters reported on\nTuesday (27 October 2026) that the Federation of Thai Industries (FTI)\nput September car production at 120,319 units, down 6.08% from the same\nperiod last year.<\/p>\n<p>The decline reversed August 2026\u2019s year-on-year growth of 10.93%.\nThailand is South-east Asia\u2019s largest automotive production hub and an\nexport base for several global carmakers, including Toyota and\nHonda.<\/p>\n<p>Despite the drop in production, the FTI maintained its target of\nproducing 1.45 million cars in 2026. The target had been cut in July\nfrom an initial forecast of 1.5 million units.<\/p>\n<p>Meanwhile, domestic car sales in Thailand rose 14.28% year on year in\nSeptember. However, this was slower than the 25.59% increase recorded in\nAugust.<\/p>\n<p>Surapong Paisitpattanapong, spokesman for the FTI\u2019s Automotive\nIndustry Club, said the rise in domestic sales was driven by electric\nvehicles (EVs). Thai car exports grew 4.55% year on year in September,\nreversing August\u2019s 2.04% decline.<\/p>\n<p>The FTI said carmakers in Thailand had resumed production after\nfloods the previous month disrupted operations at automotive factories\nand parts suppliers. The disaster also killed at least 80 people.<\/p>\n<p>The figures point to mixed conditions for Thailand\u2019s automotive\nindustry: production remains under pressure, while domestic demand and\nexports are beginning to strengthen.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/thailands-car-production-plunges-whats-behind-the-drop-1793109037",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}