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Trends And Opportunities in Thailand's Emerging Automotive Market
Thailand continues to be the dominant hub within South East Asia, with the best automotive supply and logistics chain as well as impressive production figures for domestic and export markets. Whilst the industry has suffered significantly in recent years, the underlying trend suggests that the industry is close to being back on a growth path. As with other markets, Thailand is moving towards eco-cars and SUVs, but the country’s industry is still dominated by one-ton pick-up trucks.
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Thai automotive production on the rise again
Thailand is expected to retain its position as the main automotive production hub within ASEAN with export production will see continued modest growth at 3%.
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