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Thai brokerage KS has dim outlook for Thailand’s vehicle output in 2024
Reported on July 1, 2024, Krungsri Securities (KS) said vehicle production in Thailand may drop to 1.65 million units in 2024, the lowest figure in 14 years (excluding the pandemic period from 2020 to 2022).
The Thai brokerage pointed out that the drop is attributable to soaring household debt and non-performing loan....
The Thai brokerage pointed out that the drop is attributable to soaring household debt and non-performing loan....
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