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Business & Finance

Thailand car production drops 24.6% y/y in January

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BANGKOK: Car production in Thailand dropped 24.63% in January from a year earlier to 107,103 units due to weaker sales and exports, the Federation of Thai Industries said on Monday.

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The fall followed December’s 17.37% year-on-year decline, and was the 18th straight month that production has contracted. Reuters

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