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The Latest Breaking News from Surapong Paisitpatanapong

The Federation of Thai Industries (FTI) is maintaining its projection for motorcycle production this year at 2.1 million units, thanks to higher demand driven by the tourism recovery.

Bangkok Post

Easing of chip shortage boosts output

Thailand's car manufacturing increased by 16.4% year-on-year in May to 150,532 cars thanks to the easing of the global semiconductor shortage, said the Federation of Thai Industries (FTI).

Bangkok Post

Chinese EV firms eager to join FTI

Chinese electric vehicle (EV) manufacturers are keen to become members of the Federation of Thai Industries (FTI) to help drive the fledging EV industry in Thailand.

Bangkok Post

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FTI sticks with annual car production forecast of 1.95m

The Federation of Thai Industries (FTI) is maintaining its prediction for total car production this year at 1.95 million cars despite a drop in output last month.

Bangkok Post

FTI forecasts production to reach 2m

The Federation of Thai Industries (FTI) expects car manufacturing in Thailand to reach 2 million cars this year, close to the level recorded prior to the Covid-19 pandemic, despite concerns over the impact of costly electricity bills and banking problems overseas.

Bangkok Post

Trade takes a tumble

Prospects for Thai exports look weak this year as a storm of economic uncertainties are expected to slow down shipping.

Bangkok Post

Industries uneasy over banking crisis

Domestic car and motorcycle sales may bear the brunt if Thai financial institutions are affected by the risk of failed banks in the US and Europe, says the Federation of Thai Industries (FTI).

Bangkok Post

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FTI sees car exports reaching 1.05m goal

The Federation of Thai Industries (FTI) expects the semiconductor shortage to ease and for pickup sales to help Thailand's automotive production for export to reach a target of 1.05 million units this year.

Bangkok Post

FTI upbeat on motorcycles

The Federation of Thai Industries (FTI) estimates motorcycle production will grow by 4.17% year-on-year to 2.1 million units in 2023 despite concerns over a global economic slowdown.

Bangkok Post

Shaking up the EV market

The entry of more Chinese electric vehicle (EV) producers into the Thai market is not only improving sentiment among buyers as they can choose from a wider variety of models, but it is also testing their brand loyalty.

Bangkok Post

Chip shortage sparks 5-10% price hike

The Federation of Thai Industries (FTI) expects car prices to rise by 5-10% in 2023, mainly because of the prolonged impact of the global semiconductor shortage.

Bangkok Post

High momentum of EV growth

Thailand's electric vehicle (EV) market will continue to gain momentum in 2023, with sales expected to reach between 25,000 and 35,000 units, says the Federation of Thai Industries (FTI).

Bangkok Post

Rise of Chinese electric vehicles

While sales of electric vehicles (EVs) have been good this year, manufacturers -- most notably Chinese automakers -- have also marked a new chapter for Thailand's auto industry through significant investment projects.

Bangkok Post

Car production up by 15% in November

Thailand's car production increased by 15% year-on-year to 190,155 units in November, the highest in 44 months, as the semiconductor shortage continued to ease, says the Federation of Thai Industries (FTI).

Bangkok Post

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Bangkok Post

Battery EVs take off in Thailand

Battery electric vehicles (BEVs) are becoming more popular with Thai motorists, beating other types of EVs that were previously thought to be better suited to the Thai market as concerns over charging facilities ease, says the Federation of Thai Industries (FTI).

Bangkok Post

Car output on target despite flooding

Flooding affected domestic car sales in October, with volume decreasing in many categories, but the drop will not cause Thailand's car manufacturing to fall short of its 2022 target, says the Federation of Thai Industries (FTI).

Bangkok Post

Chip shortages put a dent in rising sales of motorcycles

The Thai economic recovery is expected to boost motorcycle sales in the domestic market, but manufacturers are still struggling to deal with ongoing semiconductor shortages, says the Federation of Thai Industries (FTI).

Bangkok Post

Sharp increase in domestic car sales

Domestic car sales in the first eight months this year increased by 19.6% year-on-year to 559,537 units as recovering tourism helped boost demand following the reopening of the country late last year, says the Federation of Thai Industries (FTI).

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Bangkok Post

FTI highlights switch to battery-powered motorcycles

The Federation of Thai Industries (FTI) expects hybrid electric motorcycles to become less popular among Thai riders after the number of newly registered bikes in this category fell by 80% year-on-year the first seven months this year.

Bangkok Post

Bevy of factors cut car output

The Federation of Thai Industries (FTI) has downgraded Thailand's total car manufacturing target to 1.75 million units this year as its estimate of more production for domestic sales cannot offset a drop in exports amid geopolitical conflicts and lower consumer purchasing power.

Bangkok Post

Taiwan tensions threaten supply of semiconductors

The growing tensions between China and Taiwan have left the Thai automotive industry facing fresh concerns as manufacturers fear China may ban the export of raw materials for chipmaking to Taiwan, aggravating the prolonged global shortage of semiconductors, says the Federation of Thai Industries (FTI).

Bangkok Post

Motorcycle output falls in H1, exports increase 2.94%

Thailand's motorcycle industry is being hit by the ongoing global semiconductor shortage, which caused production to fall by 1.26% year-on-year to 1.24 million units during the first half of 2022, says the Federation of Thai Industries (FTI).

Bangkok Post

Car manufacturing for export slides 40% amid dip in orders

Thailand's car manufacturing for export from January to May decreased by 40% year-on-year to 72,527 units due to sluggish purchase orders, particularly from the European and US markets, says the Federation of Thai Industries (FTI).

Bangkok Post

Investigating the crypto crash

The value of cryptocurrencies has plunged over recent days, with Bitcoin -- the largest coin by market cap -- sinking to its lowest point since 2020.

Bangkok Post

Several hurdles remain for local EV market

The lingering question following the launch of the government's electric vehicle (EV) incentive package earlier this year is whether lower prices will be able to attract prospective car buyers.

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