As of 2012, the Thailand automotive industry was the largest in Southeast Asia and the 9th largest in the World.[1][2][3] The Thailand industry has an annual output of near 1.5 million vehicles (mostly commercial vehicles), more than countries such as Belgium, the United Kingdom, Italy, Czech Republic, and Turkey.[3]
Most of the vehicles built in Thailand are developed and licensed by foreign producers, mainly Japanese and South Korean but with several other presences as well. The Thai car industry is taking advantage of the ASEAN Free Trade Area (AFTA) to find a market for many of its products. Thailand is one of the world's biggest markets for pickup trucks with over a fifty percent market share for one-ton trucks.[4]
As of 2012, the Thailand automotive industry was the largest in Southeast Asia and the 9th largest in the World.[1][2][3] The Thailand industry has an annual output of near 1.5 million vehicles (mostly commercial vehicles), more than countries such as Belgium, the United Kingdom, Italy, Czech Republic, and Turkey.[3]Most of the vehicles built in Thailand are developed and licensed by foreign producers, mainly Japanese and South Korean but with several other presences as well. The Thai car industry is taking advantage of the ASEAN Free Trade Area (AFTA) to find a market for many of its products. Thailand is one of the world's biggest markets for pickup trucks with over a fifty percent market share for one-ton trucks.[4]
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