Opportunities worth between $300 million-$500 million exist within the U.S. replacement market for Thailand's smaller parts suppliers, Thai Auto Parts Manufacturers Assn. Vice President Sookjai Leungmekul tells reporters. "There is a vast opportunity to promote the export of Thai auto parts," he says. Last year, Thailand exported about 266 billion baht ($7 billion) worth of vehicles and 190 billion baht ($5 billion) in automotive parts to the U.S. But Sookjai says competition among ...

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