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Affected by multiple factors at home and abroad, Thailand implements the strategy of "internal increase and external decrease" to adjust automobile production

 Last Update: 2022-09-08
 Source: Internet
 Author: User

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According to Thai media reports on August 25, Su Lapeng, vice chairman and spokesman of the automotive industry department of the Federation of Thai Industries, revealed that after the shortage of semiconductor materials affected by multiple factors, Thailand has re-reduced its automobile production target this year from the original 1.

It is reported that the main reasons for the decline in automobile exports include:

5) High inflation and interest rate hikes in major countries around the world could reduce consumer purchasing power

Factors influencing the increase in domestic production include:

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