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Bangkok Post
Bangkok Post
Business

FOUND: Fti upbeat on motorcycles | Mind Blowing Facts

FTI Surapong Paisitpatanapong Thai Honda
A motorbike on display at Motor Expo 2022. The FTI expects motorcycle manufacturing for the domestic market to tally 1.75 million units this year.

The Federation of Thai Industries (FTI) estimates motorcycle production will grow by 4.17% year-on-year to 2.1 million units in 2023 despite concerns over a global economic slowdown.

"Thailand's economy will continue to recover, driven by tourism and the positive impact of China's reopening. These factors will help boost motorcycle purchases," said Surapong Paisitpatanapong, vice-chairman of the FTI and spokesman for its Automotive Industry Club.

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