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Thailand

FTI unveils factors affecting Thailand’s car production in 2023; car/motorbike production targets announced

Announced on January 24, 2023, Federation of Thai Industries (FTI)’s automotive club anticipated growth of 3.53% in local car production in 2023 with 1.95 million units (1.05 million units for exports and 900,000 units to be sold locally, an increase of 1.22% and 6.36% from 2022, respectively). In terms of motorcycle....

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