Auto-makers look forward to sales boost
Although major auto-makers are expecting increased sales thanks to the government's first-car buyer scheme, they are also considering adjusting product...
Although major auto-makers are expecting increased sales thanks to the government's first-car buyer scheme, they are also considering adjusting product...
The presence of a Mitsubishi Fuso truck plant will increase the chances for Thailand to assemble Subaru automobiles, according to Glenn Tan, executive director of Tan Chong International Ltd, the Hong Kong-listed motor distribution, property and trading group.
Nissan has marked Thailand and Indonesia as its strategic growth drivers in Asean under its six-year business plan announced yesterday.
The Thai automotive industry is likely to miss its export target of 1 million units this year because of a shortage of car parts over the past two months resulting from the earthquake and tsunami in Japan, the Automotive Industry Club under the Federation of Thai Industries (FTI) says.
Local carmakers estimate the overtime stoppage begun two weeks ago in the wake of the Japanese disaster has cost them 10,000 vehicles to date, but normal production is expected to resume after next month's Songkran holiday.
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.
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