Bangkok - Rapidly sliding global demand is expected to cut Thai automobile production by more than 35 per cent next year, said a report Saturday.
The number of vehicles produced could drop from 1.4 million this year to less than 1 million, if domestic sales fall 10 per cent and exports crash 50 per cent, Wallop Taisiri, director of the Thailand Automotive Institute, was quoted as saying by the Bangkok Post.
Thousands of workers have already lost jobs and more are at risk, the report said.