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According to data from the Organisation Internationale des Constructeurs d’Automobiles (OICA), Thailand has slipped from 9th to 12th in the world rankings of automobile manufacturers.

Even so, Thai vehicle exports still remained among the global top 10. In a report by Bangkok Post, Surapong Paisitpattanapong, vice-president of the Federation of Thai Industries’ automotive group said, “we have projected production at 2 million units and exports at 1.2 million this year.”

The OICA top 10 production rankings for the 2015 Q2 period, are as follows:

  • China – 12,095,000 units
  • United States – 6,120,593 units
  • Japan – 4,650,968 units
  • Germany – 3,084,780 units
  • South Korea – 2,321,841 units
  • India – 2,049,037 units
  • Mexico – 1,812,371 units
  • Spain – 1,457,703 units
  • Brazil – 1,276,638 units
  • Canada – 1,098,715 units

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Thailand recorded 935,251 units produced, behind France, which occupied the 11th spot with 1,038,000 units. Malaysia meanwhile, produced 330,510 units to capture the 22nd spot, a 4.4% year-on-year growth during the quarter.

With Thailand’s figures down by 1.81% from the same quarter last year, Surapong said the FTI has also revised its estimate for domestic vehicle sales this year down to 760,000 units, just shy of the 800,000-unit target. Sales in the first 10 months of this year stood at 621,000 units. Surapong expects a total of 140,000 sales to come in for the remaining two months of the year.

He also anticipates slower sales in the first three months of 2016, when the new excise tax based on carbon emissions rather than engine size takes effect in Thailand. “We aim to sell 750,000 to 800,000 units locally next year,” he said.