BANGKOK -- Thailand's leading private auto parts manufacturer says local suppliers and Japanese carmakers still have at least four years to adjust to the arrival of Chinese rivals who have ignited a price war in the country with electric vehicles imported under zero-tariff incentives.
Thai component makers have warned about the sector's demise after struggling to secure orders from Chinese brands such as BYD that can source from China. Meanwhile, longtime Japanese customers are either reducing production or closing factories, as Honda Motor will next year.
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