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News Forum - Thailand’s car industry slams the brakes: August downturn hits hard


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Thailand’s automotive industry is hitting the skids, with car manufacturing, domestic sales, and exports all taking a nosedive in August, according to the Federation of Thai Industries (FTI). Surapong Paisitpatanapong, Vice-Chairman and spokesperson for the federation’s Automotive Industry Club, sounded the alarm, pointing to tough times in securing auto loans as a major roadblock for … …

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