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Vehicle, parts export climbs 34% in first quarter


April 29, 2008

Vehicle, parts export climbs 34% in first quarter

Thailand earned about 139.5 billion baht ($4.39 billion) from the export of fully assembled cars, motorcycles and parts during the first quarter of 2008, an industry official said Monday.

According to Surapong Paisitpatnapong, spokesman of the Federation of Thai Industries (FTI) Automotive Industry Club, the value of exports jumped 33.66 per cent from the comparable period of 2007.

During the first quarter this year, the country produced 365,623 cars, up 24.52 percent from the corresponding period of last year, said Surapong. Car exports during the first three months this year totaled 197,550 units, up 27. 85 percent from a year ago, while the country earned about Bt88.9 billion, an increase of 29.88 percent, he said.

The total production of motorcycles during the first quarter of this year stood at 798,694 units, down 1.47 percent from a year ago, he said.

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