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Thai floods ruin Philippines car industry

The devastating floods in Thailand have not only caused destruction and heartbreak for the homeless but also wreaked havoc with the car industry in the Philippines.

The devastating floods in Thailand have not only caused destruction and heartbreak for the homeless but also wreaked havoc with the car industry in the Philippines. The country is heavily reliant on Thailand’s components and the picture shows just what happens when everything shuts down.

It’s something that, if it did happen in the UK, would cripple our industry, so we are hoping that both countries can sort out the issues and resume production as soon as possible, as reports claim the Philippines car industry has seen a 27.4% drop in earnings from export.

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