Thailand’s car manufacturing for export from January to May decreased by 40% year-on-year to 72,527 units due to sluggish purchase orders, particularly from the European and US markets, says the Federation of Thai Industries (FTI). In May, car production for export fell by 23% year-on-year to 13,925 units. The decrease was attributed to the prolonged semiconductor shortage and the economic slowdown in the US, European and Asian markets, said Surapong Paisitpatanapong, vice-chairman and spokesman for the FTI’s automotive club. “The semiconductor shortage is a main factor that affects the global…

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