economic slowdown Archives - Proliance - Automotive Data Analytics Solutions

Factory workers in protective gear and yellow helmets working on vehicle assembly in a Thai automotive manufacturing plant.

Thailand’s Auto Industry Faces Continued Challenges as Production Declines for 20th Month

Thailand's Automotive Industry Faces Headwinds Amid EV Transition and Economic Challenges Thailand's automotive sector, long considered Southeast Asia's manufacturing hub, is navigating a complex landscape of challenges and opportunities in…..

21 May 2025

Graphs showing the decline in Thailand's Industrial Confidence Index (TISI) as of June 2024, segmented by business size and region.

News

Thailand’s Industrial Confidence Hits 2-Year Low: Economic Impact

Ripple Effects: Assessing the Economic Impact of Waning Manufacturing Sentiment Thailand's industrial confidence has reached its lowest point in two years, reflecting a series of economic challenges and uncertainties. According…..

18 July 2024

Chart showing the percentage change in Thailand's consumer confidence from July 2023 to May 2024, with a trend line indicating a decrease over time.

Analysis

Thailand’s Declining Consumer Confidence: Impact on Auto Market

Weakening Economic Sentiment and High Household Debt Pose Challenges for Thai Auto Industry In June 2024, Thailand's consumer confidence reached a nine-month low, continuing a downward trend observed over the…..

12 July 2024

Line graph illustrating total vehicle sales in Thailand from 2020 to 2024, showing fluctuations and a recent decline in sales.

Analysis

Stricter Auto Loan Criteria Driving Thailand’s Car Sales Decline

Financial Tightening Leads to Double-Digit Sales Decline and Industry-Wide Ripple Effects The automotive market in Thailand is experiencing a significant downturn due to the stricter criteria for auto loans, resulting…..

12 July 2024