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Advanced robotic assembly line at Toyota's manufacturing plant in Thailand, with industrial robots welding and assembling pickup truck cabins.

Thailand Cuts 2024 Car Production Target Amid Economic Woes

In a significant move reflecting the ongoing struggles within its automotive sector, Thailand has revised its car production target for 2024. The Federation of Thai Industries (FTI) announced on July…..

26 July 2024

KUKA robotic arms assembling vehicle body structure on modern automotive production line with automated welding systems

Analysis

Thailand’s Auto Industry Hits 14-Year Low Amid Economic Woes

Economic Strain and Shifting Consumer Behavior Drive Record Low Production Levels Thailand's automotive industry is facing a significant downturn, with production expected to plummet to a 14-year low in 2024,…..

22 July 2024