BANGKOK -- Thailand's automotive industry is not out of the woods yet despite a strong showing at the country's biggest annual motor show, where a 25% increase in car bookings belied deep discounts offered to clear inventory amid cooling demand.
Automobiles
Thai car production faces tough year despite rising EV bookings
Troubled auto loans and imports from China plague domestic sales
A new BYD electric vehicle unveiled at the Bangkok Motor Show on March 26. (Photo by Hiroki Endo)
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