Thai car output falls 6% in September as floods hit plants
Reuters reports Thailand's car production fell 6.08% year on year in September to 120,319 units, per the Federation of Thai Industries, while exports rose 4.55%.
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what happened
Reuters reported, citing the Federation of Thai Industries (FTI), that vehicle output in the country slipped 6.08% from a year earlier in September, to 120,319 units. August had seen a 10.93% gain. Thailand remains Southeast Asia's largest automotive manufacturing hub and an export base for carmakers such as Toyota and Honda.
The FTI kept its full-year production forecast at 1.45 million units, having already lowered it in July from the 1.5 million units projected at the start of the year.
why it matters
Floods last month disrupted automakers and parts suppliers and killed at least 80 people, although factories have since restarted. Domestic sales climbed 14.28% and exports rose 4.55%, suggesting demand held up despite lost production. For investors, this is a signal for auto producers and component makers.
market impact
Toyota, Honda, parts suppliers: flood disruption curbs output, while sales and exports hold up.
tags
instruments
sources
- Thailand's September car production drops 6.08% on year — Reuters, 27 October 2026 at 07:20 UTC
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