Car makers can ride out flood chaos
The automobile industry remains fundamentally strong and would recover in full strength from the floods that disrupted the supply chain,...
The automobile industry remains fundamentally strong and would recover in full strength from the floods that disrupted the supply chain,...
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.
Carmakers still cannot plan when they can run their local plants on overtime even though limited production in Japan began early this week.
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.
Somboon Advance Technology Plc (SAT) will review this year's revenue forecast of 7.3 billion baht to take into account the Japanese disasters and Middle East riots.
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