Middle East Downturn To Weigh On Thai Car Production
Autos / Thailand / Tue 12 Sep, 2017
BMI View : We are revising our passenger car production forecast to a contraction of 0.8% in 2017, down from growth of 1.7% previously, as a downturn in car demand in one of the country's key export markets, the Middle East, weighs on local autos manufacturing.
Having previously expected a revival in domestic vehicle sales and robust demand