Thailand’s vehicle production could fall more than 35% next year, with as many as 45,000 workers losing their jobs, warns the Thailand Automotive Institute. “In the worst case scenario, production by Thai auto makers may fall to 900,000 units next year,” TAI Director Vallop Tiasiri tells the Bangkok Post. “Since the automobile and parts industries have been hit by the (world economic) slump, local industries are affected, as well.” Vallop is hoping production will reach 1.2 million ...
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