FTI upgrades production target on export prospects published : 23 Jul 2021 at 06:33 The Federation of Thai Industries (FTI) has increased its total car production target this year to 1.55-1.6 million units, fuelled by good export prospects, although the third wave of the pandemic is expected to deal a blow to the domestic car industry. Toyota Motor Thailand had to close its factory for at least three days after its auto parts supplier was affected by the transmission of Covid-19, according to the FTI. However, the FTI remains optimistic about car export markets due to more demand in many countries, including New Zealand, Japan, Mexico, Malaysia and Vietnam, as the global economy is recovering.