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Monday, April 29, 2024

Motorcycle outlook rosy

Industry expects output to exceed its target of 2.1 million units

Motorcycles are displayed at the recent Bangkok International Motor Show held in March. 

The Federation of Thai Industries (FTI) expects total motorcycle production this year will exceed the target of 2.1 million units.

The rebound of the tourism industry has increased demand for motorcycles and the easing of the global semiconductor shortage means chip makers can supply a greater number to motorcycle producers, said Surapong Paisitpatanapong, vice-chairman and spokesman for the FTI’s Automotive Industry…

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