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Friday, May 10, 2024

Motorcycle production projected to rise in Q4

Motorcycles on display at Bangkok International Motor Show 2023. The country’s motorcycle industry has still been encountering business challenges despite an easing of the semiconductor shortage. (Photo: Pattarapong Chatpattarasill)

Stronger demand for motorcycles is expected to increase Thai manufacturing in this year’s final quarter, as the sector struggles with sluggish sales, says the Federation of Thai Industries (FTI).

The FTI’s Automotive Industry Club predicted a good outlook for motorcycle production earlier this year with tourism improving and the semiconductor shortage easing, with local sales in July…

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