American auto-maker General Motors (GM) is concerned that the new automobile excise-tax structure will not serve as a level playing field for all manufacturers.
Thai Stanley Electric, Thailand's largest manufacturer of lighting equipment for the automotive industry, will invest more than Bt1.8b in a new manufacturing plant to produce lights for eco-cars.
After a glorious year for the automobile industry with record sales in 2010, the industry is hoping for another boost from the Bangkok International Motor Show, with as much as Bt40b expected to change hands during the 12-day event.
Honda and Mazda launched two bread-and-butter models in Thailand yesterday, and are expecting to increase market share with them.
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