Thailand's FTI foresees 5-10% increase in car prices in 2023 amid global chip scarcity and other challenges

Reported on January 3, 2023, the Federation of Thai Industries (FTI) anticipated around 5-10% hike in car prices in 2023, both in Thai and overseas auto markets, mainly attributable to the ongoing semiconductor shortage issue.
According to the automotive club of the FTI who believed that local car production in 2023....

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