Local automakers have expressed concern that the current improvement in vehicle exports may be short-lived as the global automotive industry will likely undergo a W-shaped recovery. Statistics show a clear improvement in exports in recent months, but industry executives are concerned the recovery might not be sustained, said Suparat Sirisuwanangkura, the president of the Thai Automotive Industry Association. (Bangkok Post)
Auto exports risk new slump
The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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