Posts Tagged ‘Thailand’
Continental scores €70 mil in Thailand
Continental Automotive Thailand will be opening a new auto parts plant in Ayyuthaya Province, Thailand, after receiving a €70 million (RM278 million) financing package from the International Finance Corporation (IFC). The package is part of the IFC’s Thailand Flood Response Strategy to support the Thai governments efforts to help local businesses, especially small-and-medium enterprises from last [...]
9th Generation Civic Launched In Thailand
The all new 9th generation Honda Civic was launched in Thailand yesterday. Similar to the current model, there are two engine options – 1.8-litre and 2.0-litre i-VTEC priced between THB 773,000 (RM 76,200) to THB 1,124,000 (RM 110,800). “The Honda Civic is one of the company’s most successful models, growing along with Honda’s global business [...]
Ford Opens RM 1.36 billion Plant in Thailand, Focus Coming Soon
Thailand’s automotive industry received another major boost yesterday with Ford Motor Company’s official grand opening of Ford Thailand Manufacturing (FTM), a new USD450 million (RM 1.36 billion) plant in Rayong, Thailand. On top of Ford’s existing AAT (AutoAlliance Thailand) plant that Ford co-owns with Mazda, the new FTM plant’s initial annual capacity of 150,000 units [...]
Thai auto empire strikes back
Producing region, but also the 12th largest in the world. Then came the March 11 earthquake in Japan last year followed by the devastating floods that hit Thailand in October. This was a double blow to Japanese brands who control nearly 90 per cent of the Thai market. So when the tsunami struck Japan, Thailand [...]
Ford Fiesta 1.5 Launching In Thailand This Month
Ford Thailand has confirmed that it will be launching a 1.5-litre variant of its Fiesta at this month’s Bangkok Motor Show. Starting at 644,000 Baht for the sedan and 654,000 Baht, there will be no reduction in price, and will replace the current 1.6 Trend and 1.6 Sport variants (sedan and hatchback). 1.6-litre variants will [...]
Thailand Confident Of Becoming World’s Top-10 Producers
The Thai Industry Ministry is confident that Thailand will be one of the top-10 car producing countries in the world. Speaking to Bangkok Post, Industry Minister M.R. Pongsvas Svasti said “The automotive industry is our core industry, generating 360 billion baht of exports a year and employing 350,000 workers. It’s clear that government policy will [...]
The Thai Automotive Market
Up until 2005, Malaysia was largest motor vehicle market in the ASEAN region. From then on, Thailand has been the darling of car makers looking for a gateway into this combined market of approximately 600 million people. Although Indonesia is rapidly catching up, Thailand still edges ahead with a very well developed supporting eco-system and [...]
Chevrolet TrailBlazer And Sonic Coming To Bangkok Motor Show
The Chevrolet TrailBlazer is a PPV (passenger pick-up vehicle) version of the Chevrolet Colarado truck. It first debuted at last November’s Dubai International Motor Show. General Motors Thailand have confirmed that the Colorado will go on sale in Thailand soon and will be produced at GM’s plant in Rayong. The Trailblazer will make its Thai [...]
Toyota : Thailand To Recover And Break 1 Million Car Sales Barrier in 2012
Last year’s Great Tohoku earthquake in Japan, combined with the devastating flood that hit Thailand battered Thailand’s auto industry hard. Surprisingly, despite the twin disasters, overall to impact to Thailand’s auto industry is less severe than expected. Overall automotive sales declined by only 0.8 percent, while sales of passenger cars actually increased 4 percent, potentially [...]
Suzuki To Build Eco-Car in Thailand
Eco-cars, despite its generic sounding name, refers to a specific vehicle taxation class when read in the Thai automotive industry context. Coming under the purview of the Thai Board of Investment (BoI), the objective of Eco-cars initiative is to move Thailand’s automotive industry up the value chain and to diversify from its existing truck focused [...]
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