Business
Thailand’s Car Industry Just Staged a Surprising July Comeback — But There’s a Bigger Story Behind the Numbers
Thailand’s automotive industry delivered a notable rebound in July, with vehicle production rising 6.12% year-on-year to 117,383 units, according to the Federation of Thai Industries (FTI). The July increase marks a sharp turnaround from June, when Thai vehicle production fell 7.55% year-on-year. The latest figures suggest that Thailand’s auto sector is regaining momentum — but the recovery comes as manufacturers continue to face intense competition, shifting export demand and the rapid expansi
