February vehicle exports up 22.26%

Thailand's vehicle exports reached 94,527 units in February, up by 22.26 per cent from the same period last year and 9.03 per cent from the previous month, according to the Federation of Thai Industries' Automotive Industry Club.

The export value, at Bt41.6 billion, is 16.43 per cent higher from the same period last year.

The FTI also revealed that Thailand’s auto production in the first two months of this year rose 50.74 per cent on year to 465,229 units.

A number of 255,727 units were sold in the domestic market, up by 51.9 per cent from the first two months of last year.

The FTI estimated that the output during March and May will reach 660,390 units, which will rise by 21.41 per cent from the same period last year.