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Thailand

FTI’s 2024 motorbike production target stays at 2.12 million units despite pessimistic H2 outlook

Reported on August 2, 2024, the Federation of Thai Industries (FTI) still maintained its target for local motorcycle manufacturing in 2024 at 2.12 million units, even though the output is expected to continue to drop in H2/2024, compared with the same period in 2023.
Key factors contributing to this pessimistic outlo....

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