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The Federation of Thai Industries is concerned about the chip shortage problem until the end of the year, affecting the car production %

The Federation of Thai Industries awaits the chip shortage crisis Affects the production of automobiles around the world. Believe until the end of the year in Thailand stable But automakers may cut production targets for August, the lowest contraction in 13 months.

Date 23 September 2021 Mr. Surapong Paisitphatanapong Vice President and Spokesperson for Automotive Industry Group The Federation of Thai Industries (FTI) revealed the situation of automobile production. The world faces a severe shortage of semiconductors (chips) until the latest announcements to cut the production of various automakers. All brands combined up to 9.6 million vehicles.

As for the production of automobiles in Thailand must be closely monitored In particular, the number of production in September will be in any direction. After previously facing chip shortages and the spread of the coronavirus, some car factories had to temporarily stop producing cars.

“We will have to wait to see the clarity of each car camp that. How will the supply from the parent company be managed while The group has not yet received a report from the automaker that an announcement will be made. reduce the target production target in any way.”

Surapong Paisitpatanapong
Surapong Paisitpatanapong

As for the situation of car production in August, totaling 104,144, the lowest in 13 months, but still believes that Annual production target of 1.55 -1.6 million units can still be achieved.

As for the chip shortage problem, it will drag on for another 3-4 months, and it remains to be seen whether the 14 automakers will cut targets or reduce production capacity.

For the past 8 months (January – August) there are 1,071,908 cars, divided into 383,749 passenger cars, 1-ton pickup trucks, and the rest are others.

while the export value of finished cars, engines, other parts, auto parts, motorcycles, parts and motorcycle parts during the past 8 months totaled 583,356.71 million baht.