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Bangkok Post
Bangkok Post
Business

UNBELIEVABLE: Fti sticks with annual car production forecast of 1 95m | History Defined

The Federation of Thai Industries (FTI) is maintaining its prediction for total car production this year at 1.95 million cars despite a drop in output last month.

The number of cars produced in April decreased by 0.13% year-on-year to 117,636 units, attributed to the long Songkran holiday and a decline in domestic sales, especially for pickups, said Surapong Paisitpatanapong, vice-chairman of the FTI and spokesman for the FTI's Automotive Industry Club.

From January to April, car manufacturing grew, up 4.61% year-on-year to 625,423 units.

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