Domestic car sales dropped by 36.08% in October from a year earlier, after a drop of 37.11% in the previous month, the federation said.Car production in Thailand fell 25.13% in October from a year earlier to 118,842 units as truck output slumped heavily, the Federation of Thai Industries said on Monday.
The figure followed a 25.48% fall in September, and was the 15th straight month that production had contracted.
Production of pickup trucks dropped 27.8% in October from a year earlier while truck output tumbled 77.5%, Surapong Paisitpattanapong, spokesperson for the FTI's automotive industry division, told a news conference.
Domestic car sales dropped by 36.08% in October from a year earlier, after a drop of 37.11% in the previous month, the federation said.
The FTI has said car production and sales have been hit by weak demand as financial institutions have tightened lending for vehicles.
Thailand is Southeast Asia's biggest autos production centre and an export base for some of the world's top carmakers, including Toyota and Honda.
