Producers keep motorbike target

As banks tightenup loan requirements, Q4 frequently supplies bump in customer acquiring power PUBLISHED : 28 Oct 2023 at 08: 30 Motorcycles on screen at the Bangkok International Motor Show held earlier this year. Thailand’s motorbike production is anticipated to reach its 2023 target inspiteof slow sales in the nation and an export downturn. The Federation of Thai Industries (FTI) is keeping its target for motorbike production at 2.1 million systems this year, though production in September fell by nearly 20% year-on-year as banks tightenedup loan requirements. Thailand is anticipated to produce 1.75 million bikes for domestic sales and 350,000 systems for export as monetary organizations fret over high family financialobligation in the nation. Household financialobligation goesbeyond 90% of the nation’s GDP, ca
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