BANGKOK : Shares of Thai auto parts companies fell sharply on Thursday following reports that Japanese automaker Isuzu Motors would relocate its factory in Thailand to Indonesia, before recovering slightly after the auto maker denied any such move.
Thailand's overall auto sector index fell 1.36 per cent, having slumped 3.34 per cent in earlier trade. The government has been trying to maintain that status, rolling out incentives to lure investment for electric vehicle production.
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